Inflation Rate 2024 In Nigeria

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Inflation Rate 2024 In Nigeria. New base period for consumer price indices is november 2009. Nigeria inflation rate for 2022 was 18.85%, a 1.89% increase from 2021.


Inflation Rate 2024 In Nigeria

Nigeria’s inflation is projected to drop to 21.5% in 2024, from the 24.5% recorded in 2023. New base period for consumer price indices is november 2009.

This Shows That The Headline Inflation.

Looking at the trend, december 2022 inflation rate showed a decline of 0.13% when compared to november 2022 inflation rate.

Inflation Rate Of Nigeria Increased From 22.4 % In May 2023 To 33.8 % In April 2024 Growing At An Average Annual Rate Of 3.81%.

In april 2024, inflation rate for nigeria was 33.8 %.

Inflation Rate 2024 In Nigeria Images References :

Nigeria Inflation Rate For 2021 Was 16.95% , A 3.71% Increase From 2020.

Looking at the movement, the january.

In 2023, Nigeria Recorded One Of The Highest Inflation Rates In The World At Around 25 Percent.

Again, nigeria’s inflation rate increased to 33.95 per cent for the month of may 2024, according to the latest data from the national bureau of statistics.