Inflation rate rose 11.28% in November – NBS

Inflation rate dips 0.09% in July – NBS

Nigeria’s inflation rate rose slightly in November over the previous year, with price increases across a broad range of products, National Bureau of Statistics (NBS) said on Friday.

The bureau said November consumer inflation was up 11.28 percent from a year ago, versus 11.26 percent in October.

Food inflation was at 13.30 percent over the previous year, another slight bump from the 13.28 percent yearly increase recorded in October, according to the NBS report.




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