BREAKING: Inflation rate rises to 28.20% for November as Nigerians enter yuletide season
kolaking.substack.com
By Aghogho Udi In November 2023, the overall inflation rate rose to 28.20%, surpassing the October 2023 rate of 27.33%. This indicates a month-on-month increase of 0.87%. When compared to November 2022, the year-on-year headline inflation rate was notably higher, marking an increase of 6.73% points from the 21.47% recorded in the same month the previous year.
BREAKING: Inflation rate rises to 28.20% for November as Nigerians enter yuletide season
BREAKING: Inflation rate rises to 28.20% for…
BREAKING: Inflation rate rises to 28.20% for November as Nigerians enter yuletide season
By Aghogho Udi In November 2023, the overall inflation rate rose to 28.20%, surpassing the October 2023 rate of 27.33%. This indicates a month-on-month increase of 0.87%. When compared to November 2022, the year-on-year headline inflation rate was notably higher, marking an increase of 6.73% points from the 21.47% recorded in the same month the previous year.