Thursday, November 16, 2023

Nigeria Inflation Rises Further in October to Reach 27.3%

INTRO


Nigerian inflation rose for the tenth month in a row in October, increasing pressure on the new central bank governor to raise interest rates when the monetary policy committee meets for the first time since his appointment.


Consumer inflation rose to 27.33% year on year in October from 26.72% in September 2023.


Correspondent Ajeck Mangut reports.



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