Business

Nigeria Inflation Ease to 21.34% in December

today01/17/2023

Background
share close

Nigeria’s inflation rate eased to 21.34% in December 2022 from 21.47% in November 2022.
According to the National Bureau of Statistics, the headline inflation rate eased to 21.34% compared to November 2022 headline inflation rate which was 21.47%.

It noted that on a year-on-year basis, the headline inflation rate was 5.72% points higher compared to the rate recorded in December 2021, which was 15.63%.

On a month-on-month basis, the percentage change in the All Items Index in December 2022 was 1.71%, which was 0.32% higher than the rate recorded in November 2022 (1.39%).

Written by: Helen Obih

Rate it

Previous post

World

China’s Population Collapses

China's population has fallen for the first time in 60 years, with the national birth rate hitting a record low - 6.77 births per 1,000 people. According to China's National Bureau of Statistics, the birth rate in 2022 was also down from 7.52 in 2021. The country’s birth rate has been declining for years, prompting a slew of policies to slow the trend. But seven years after scrapping the one-child […]

today01/17/2023

Post comments (0)

Leave a reply

Your email address will not be published. Required fields are marked *

0%
Our customer support team is here to answer your questions.
error: Alert: Content is protected !!