Core inflation rate in Nigeria

Monday, September 16, 2024

Latest:

Nigeria’s headline inflation now 34.2% in the month of June

June’s headline inflation raterose by +24bps to 34.2% y/y, surpassing May’s 34%. Our internal forecast for June’s headline inflation was 34.4% y/y.

Business and Economy

BusinessTrumpet June 20, 2024June 20, 2024 0 Comments Core inflation rate in Nigeria, food inflation in Nigeria, headline inflation rate in Nigeria

Headline Inflation Worsened to 34% in the Month of May

In May headline inflation rate in Nigeria increased by 26 basis points (bps) reaching 34% year-on-year (y/y). Food inflation increased by 13bps reaching 40.7%.

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