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Nigeria’s inflation rate reversed its recent downward trajectory and increased to 32.7 percent in September. Inflation in the country had seen a two-month consecutive decline to 32.15% in August. The reversal was driven by a surge in the month-on-month Food Inflation to 2.64% from 2.37%, according to the September Consumer Price Index (CPI) Report released […]
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Rising food prices pushes Nigeria’s inflation to 32.7% in September
Obinna Ezugwu
17:20
Nigeria’s inflation rate reversed its recent downward trajectory and increased to 32.7 percent in September. Inflation in the country had seen a two-month consecutive decline to 32.15% in August. The reversal was driven by a surge in the month-on-month Food Inflation to 2.64% from 2.37%, according to the September Consumer Price Index (CPI) Report released
