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Inflation in October expected, CBN

today11/13/2024 1

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Majority of Nigerians believed that the country’s inflation would rise further in October 2024.

This is according to the Inflation Expectation Survey released on Tuesday by the Central Bank of Nigeria, CBN.

This comes ahead of Nigeria’s October inflation figure to be released by the National Bureau of Statistics on Friday, 15 November 2024.

The CBN report had indicated that October inflation will rise further from 32.70 per cent recorded in September.

The CBN survey said that rising energy costs would be the major driver of the expected October inflation figure.

Written by: bossgmsi

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