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Maroc Maroc - iafrica.com - A La Une - 17/Jun 15:12

Nigeria’s Inflation Continues Upward Trend for 17th Consecutive Month

Nigeria’s headline inflation rate rose for the 17th consecutive month, reaching 33.95% in May 2024, up from 33.69% in April, according to the National Bureau of Statistics. This represents an 11.54 percentage point increase from May 2023, when it was at 22.41%. Urban inflation was particularly high at 36.34% year-on-year and 2.35% month-on-month. Rural inflation… Read More »Nigeria’s Inflation Continues Upward Trend for 17th Consecutive Month

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