NEWS: Nigeria’s Inflation Rate Rises To 34.6%

Nigeria's Inflation Rate Rises To 34.6%

The latest Consumer Price Index (CPI) data released by the National Bureau of Statistics (NBS) has shown that Nigeria’s inflation rate rose to 34.6 per cent in November up from 33.8 per cent in October.

In its consumer price index report for November published on Monday, NBS said the rate represents an increase of 0.72 per cent compared to the October 2024 rate.

“On a year-on-year basis, the Headline inflation rate was 6.40% points higher than the rate recorded in November 2023…

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