BREAKING: Nigeria’s inflation rate declines for second consecutive month in August

BREAKING: Nigeria’s inflation rate declines for second consecutive month in August …C0NTINUE READING HERE >>>

Nigeria’s inflation rate dropped to 32.15 percent in August 2024, from 33.40 percent in July.

This is according to National Bureau of Statistics, NBS, latest Consumer Price Index and Inflation Data released on Monday.

According to the data, the country’s headline inflation cooled off by 1.25 percent in August compared to the 33.40 percent recorded in July.

Similarly, the report showed that food inflation stood at 37.52 percent in August 2024, from 39.53 percent in July.

According to…

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