EconomyNewsNigeriaInflation rate jumps to 27.33%, food inflation falls to 1.91%
Nigeria’s inflation rate jumped in October to 27.33 per cent, which is a 0.61 per cent rise from September’s 26.72 per cent. On a year-on-year basis, the inflation rate is 6.24 per cent higher than the 21.09 per cent recorded in October 2022. The data is from the Consumer Price Index, CPI, report for October 2023 published on Wednesday by the National Bureau of Statistics, NBS, Nigeria’s statistical office. The latest figure marks the tenth...










