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Nigeria’s Inflation Rate Increases To 27.3% Amidst Rising Food Prices

This figure marks the tenth consecutive rise in the country’s inflation rate this year.

The National Bureau of Statistics (NBS) has announced on Tuesday, that the Nigeria’s inflation rate increases to 27.3% amid rising food prices

According to their report, The consumer price index (CPI), which measures the rate of change in prices of goods and services, rose up from 26.72 percent in the previous month.

This figure marks the tenth consecutive rise in the country’s inflation rate this year.

Choma Kalu

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