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NIGERIA’S INFLATION RATE HITS FIVE-YEAR HIGH AT 18.60%

The consumer price index (CPI), which measures the rate of change in prices of goods and services, hit a five-year record high leapfrogging from 17.71 per cent in May to 18.60 per cent in June 2022.The National Bureau of Statistics (NBS) disclosed this in its consumer price index (CPI) report for June 2022, released on… Continue reading NIGERIA’S INFLATION RATE HITS FIVE-YEAR HIGH AT 18.60%