Inflation Rate Rises to 21.82%

03/15/2023 11

Nigeria inflation rate has risen to 21.91%, compared to January 2023 inflation rate which was 21.82%.

According to the Consumer Price Index report by the National Bureau of Statistics, the percentage represents a 0.09% point increase.

The rise in the inflation rate followed the naira crisis across the country and uncertainties relating to the just concluded presidential election.

Written by: Helen Obih

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