Nigeria inflation rate don drop go 24.48 percent

February 19, 2025

Nigeria headline inflation don drop reach 24.48% year-on-year for January 2025, compared to the December 2024 rate of 34.80%.

Statistician-General of the Federation, Adeyemi Adeniran, announce this for briefing yesterday. E explain say the All-Items Index wey dem use take measure January 2025 headline inflation na 110.7, wey result to the 24.48% inflation rate.

Adeniran also talk say urban inflation dey 26.09%, rural inflation stand for 22.15%, and food inflation dey 26.08% year-on-year for January, compared to 39.84% for the previous year.

E still add say National Bureau of Statistics don introduce new special inflation indices to their monthly Consumer Price Index report to help improve economic assessments.

READ MORE RECENT NEWS HERE https://naija102.com/nelfund-go-close-di-2024-student-loan-application-cycle-by-friday/

More Posts