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JUST IN: Nigeria’s inflation surges to 21.47%

Nigeria’s 3.89% GDP growth masks deepening cost-of-living strain

Market in Nigeria

Nigeria’s consumer price index (CPI), which measures inflation rate, spiked to 21.47 percent in November 2022, up from 21.09 percent in the previous month.

The National Bureau of Statistics (NBS) said this on Thursday in its latest consumer price index (CPI) report.

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