Nigeria’s inflation rate drops to 33.40% in July, first decline in 19 months

Nationaldailyng | 16-08-2024 02:53am |

Nigeria’s inflation rate fell to 33.40% in July, marking the first decline in 19 months, according to the National Bureau of Statistics (NBS). This is a slight decrease from the 34.19% recorded in June. The NBS reported a 0.8% drop in the Consumer Price Index (CPI), which tracks changes in the prices of goods and [...]The post Nigeria’s inflation rate drops to 33.40% in July, first decline in 19 months appeared first on National Daily Newspaper.

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