Inflation Rate In Nigeria 2024 Today. The 2022 average figure was 18.8%. Nigeria’s inflation rate rose to 29.90% in january 2024, from 28.92% in december 2023.
Headline inflation increased to 34.2 percent in june 2024 from 22.8 percent in june 2023 and 34.0 percent in may 2024. The rise was driven primarily by escalating food prices, soaring energy costs and ongoing volatility in foreign exchange markets.
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