Nigeria’s Inflation Rate Rises To 22.79% Amid High Food Prices

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Nigeria’s Inflation Rate Rises To 22.79% Amid High Food Prices

The consumer price index (CPI), which measures the rate of change in prices of goods and services, rose to 22.79 percent in June 2023, up from 22.41 percent in the previous month.

This is contained in the latest CPI report released on Monday by the National Bureau of Statistics (NBS).