- December 15, 2023
- Posted by: user
- Category: Inflation Reports
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Nigeria uses the Consumer Price Index to measure inflation. It grew in November by 28.20% year-on-year, 87 basis points (BPS) higher than the October rate, which was 27.33%. This is the eleventh consecutive rise since December 2022
The month-on-month rate increased by 36 BPS to be 2.09%.