Businesses, households expect Nigeria’s inflation rate to rise in coming months – CBN

Businesses, households expect Nigeria’s inflation rate to rise in coming months – CBN …C0NTINUE READING HERE >>>

Nigerian businesses and households expect the inflation rate to rise in the next one to six months.

This is according to the Central Bank of Nigeria’s July Inflation Expectations Survey Report released on Tuesday.

The survey showed that respondents expect inflation to rise in the review months with indices of 37.4 for the next month, -26.3 for the next two months and -15.8 for the next six months.

However, the report showed respondents expect the inflation rate to gradually reduce over…

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