Nigeria’s inflation rate now stands at 13.22%, the highest since 2018
Nigeria’s Consumer Price Index (CPI) which measures inflation, rose by 0.40 percentage points between July and August 2020 on a year-on-year basis and now stands at 13.22 percent. This is Nigeria’s highest inflation percentage since March 2018. The 13.22 percent recorded in August is higher than the 12.82 percent recorded in July. “On a month-on-month…
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