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Just In: Inflation hits 11.61%
 
By:
Mon, 18 Nov 2019   ||   Nigeria,
 

According to National Bureau of Statistics (NBS) data, the consumer price index, which measures inflation, rose to 11.61% in October.

This is an increase of 0.37 percentage points compared to 11.24% recorded in September.

This was the exact inflation rate recorded in May 2018 when the country was recovering from the recession and high inflation rate.

Details later…

 

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