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Nigeria inflation rises for 2nd month, spurred by food

Nigeria inflation rises for second month, spurred by food

Nigeria's inflation rate rose for the second straight month in October, advancing to 33.88% in annual terms from 32.70% in September mainly due to higher food prices, official data showed on Friday.

Daily Post Nigeria on MSN · 1d

BREAKING: Food, fuel price hikes push Nigeria’s inflation to 33.88% in October

Food and petrol price hikes have pushed Nigeria’s inflation to 33.88 percent in October 2024, from 32.70 percent recorded in the previous month. The National Bureau of Statistics, NBS, disclosed this on Friday in its Consumer Price Index and Inflation report for October 2024.

PM NEWS Nigeria · 1d

Breaking: Nigeria’s Inflation skyrockets to 33.88% in October as food prices surge

The report, released on Friday, revealed that the October Headline inflation rate increased by 1.18 percentage points from the 32.70% recorded in September 2024.

Mises Institute14h

Despite Its Oil Wealth, Nigeria Is an Economic Basket Case

Nigeria has large oil deposits, educated people, and much economic potential. However, thanks to government intervention, ...

Nigeria’s Inflation Hits 33.88%

The 1.18 percentage increase in headline index was blamed on rising food and energy prices. According to the CPI report for ...

Nigerian Tribune1d

JUST IN: Nigeria’s October inflation rate rises to 33.88%

The inflation rate in Nigeria rose for the second consecutive month in October, reaching 33.88 percent, up from 32.70 percent ...

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