Nigeria’s inflation rate climbs to 28.92%, marks twelfth straight month of increase

15 Jan 2024

 

By Sodiq Adelakun

 

Inflation in Nigeria continued to rise for the twelfth consecutive month in December, with the headline inflation rate reaching 28.92%, up from 28.20% in November.

 

The National Bureau of Statistics released its consumer price index report on Monday, revealing the ongoing impact of inflation on the country’s economy.

 

More details to come…