Nigeria’s inflation rate rises to 12.82% as food prices soar

Share to friendsA new report by the National Bureau of Statistics, shows that Nigeria’s inflation rate rose further in July 2020 to 12.82% (year-on-year). This is a 0.26% increase in the rate recorded in June 2020 (12.56%). On a month-on-month basis, the Headline index increased by 1.25 percent in July 2020. This is 0.04 percent rate higher … Continue reading Nigeria’s inflation rate rises to 12.82% as food prices soar