Inflation Rate In Nigeria May 2024. Looking at the movement, the january 2024 headline inflation rate showed an increase of 0.98% points when compared to the december 2023 headline inflation rate. Consumer prices rose an annual 33.95%, compared with 33.7% in april, the national.
In 2024 alone, the cbn raised the monetary policy rate (mpr) by a total of 800 basis points, from 18.75 percent to 26.75 percent. The headline inflation rate in june 2024 increased by 0.24% points in june when compared to the figure for may 2024.
Inflation Rate In Nigeria May 2024 Images References :
