The National Bureau of Statistics has reported that Nigeria’s inflation rate rose to 34.80% in December 2024, reflecting a slight increase from the 34.60% recorded in November.



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Nigeria's inflation rises to 34.80% in December as CPPE calls for monetary policy adjustments

According to the director of the Central Bank of the United States, the feeling is that inflation is slowing down again

Segundo o diretor do BC dos Estados Unidos, o sentimento é de que a inflação está voltando a desacelerar

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Nigeria’s inflation rate surged to 34.80 percent in December 2024 from 34.60 percent in November. This is according to the latest Consumer Price Index and inflation data released on Wednesday by the National Bureau of Statistics, NBS. While the country’s inflation continues to rise, the Centre for the Promotion of Private Enterprise, CPPE, has identified tips for its moderation. The December inflation data showed that the country’s inflation fur…

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Nigeria's inflation rate rose for the fourth straight month in December, advancing to 34.80% in annual terms from 34.60% in November, data from the statistics agency showed on Wednesday.

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Nigerian inflation rises for fourth straight month in December

The National Bureau of Statistics has reported that Nigeria’s inflation rate rose to 34.80% in December 2024, reflecting a slight increase from the 34.60% recorded in November. According to the latest Consumer Price Index report released on Wednesday, the marginal rise of 0.20% has been attributed to heightened demand for goods and services during the

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Nigeria's inflation hit 34.80% in December – NBS - Punch Newspapers

WASHINGTON (Reuters) – Inflation is likely to continue to ease and possibly allow the Federal Reserve to cut rates sooner and faster than expected, Fed governor Chris Waller said Thursday in comments that pushed against recent market moves that anticipated a shallower Fed rate path. Inflation “is getting close to what our 2% inflation target would be,” Waller said on CNBC. “If we continue getting numbers like this it is reasonable to think rate …

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The food inflation rate in December 2024 was 39.84 per cent on a year-on-year basis, 5.91 per cent points higher compared to the rate recorded in December 2023 (33.93 per cent). The post Nigeria’s inflation rate rises again appeared first on Premium Times Nigeria.

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Nigeria’s inflation rate rises again

In December, Nigeria's inflation rate increased for the fourth consecutive month, hitting 34.80 percent according to data from the statistics agency.
That’s up from 34.60% in November.

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Nigeria: Inflation rate rises for fourth consecutive month

NBS CPI report shows that Nigeria's headline inflation has hit 34.8%, about 0.20% higher than the 36.6% from the previous month. Food inflation also declined

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Nigeria’s inflation rate hits 34.80%, as NBS site comes back online one month after hack

Latest data by the National Bureau of Statistics (NBS) has shown that headline inflation rose to 34.80% in December 2024 relative to the November 2024 headline inflation rate of 34.60%. The food inflation rate in December 2024 was 39.84% on a year-on-year basis, a 5.91% points higher compared to the rate recorded in December 2023 (33.93%). The NBS said the rise in food inflation on a year-on-year basis was caused by increases in prices of some f…

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Nigeria’s inflation hit 34.80% in December – NBS

Nigeria’s inflation hit 34.80% in December – NBS

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