Inflation Rate 2024 In Nigeria. This is according to the 2024 macroeconomic outlook produced by the nigerian economic summit group (nesg). Nigeria’s inflation rate in june 2024 surged from 33.95% in may 2024 to 34.19% in june according to the latest report from the national bureau of statistics, (nbs).
New base period for consumer price indices is november 2009. Imf data suggests a gradual decline in the inflation rate from 23% in 2025 to 16% in 2026, 15.4% in 2027, and 14% in both 2028 and 2029.
In April 2024, The Headline Inflation Rate Rose To 33.69%, Up From 33.20% In March 2024, Marking An Increase Of 0.49% Points According To The Nigeria Bureau Of Statistics (Nbs).
International monetary fund, international financial statistics and data files.
Nigeria Inflation Rate For 2022 Was 18.85%, A 1.89% Increase From 2021.
The 2022 average figure was 18.8%.
Inflation Rate 2024 In Nigeria Images References :
The 2022 Average Figure Was 18.8%.
Inflation monitor describes, on a monthly basis, the composition of items in the food basket which the national bureau of statistics uses for the computation of inflation rate in nigeria.
Growth Is Projected At 2.9 Percent For 2023, And 3 Percent In 2024, As Hydrocarbon Performance Revives, Including From Better Control Of Theft.
International monetary fund, international financial statistics and data files.