Inflation may drop to 34.5% in December

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Inflation may drop to 34.5% in December – Report

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Inflation may drop to 34.5% in December – Report

« on: December 22, 2024, 01:02:38 pm »

Inflation may drop to 34.5% in December – Report

Nigeria’s headline inflation rate may drop by 25 basis points to 34.5 per cent in December 2024. In a report by Afrinvest Research on Saturday, this moderation is attributed to the high base year impact on the food inflation sub-basket and a further recovery in the exchange rate, with the naira expected to strengthen to

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