Nigeria’s inflation rate jumps to 32.7%

THE CABLE

The National Bureau of Statistics (NBS) says the consumer price index (CPI), which measures the rate of change in prices of goods and services, rose to 32.7 percent in September.

This is the first increase in three months after the country’s inflation rate declined twice in 2024.

The latest inflation data is contained in the NBS CPI report for September, released on Tuesday.

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Nigeria’s inflation rate jumps to 32.7%

 

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