Nigeria’s inflation rate surges to 20.52%
A market in Nigeria

Nigeria’s inflation rate increased to 19.64% in the month of July 2022n compared to 18.6% recorded in the previous month.

Food inflation spiked to 22.02% from 20.6% recorded in June 2022.

Core inflation, increased to 16.26% in the month of July 2022, from 15.75% recorded in the previous month.

More later…

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