Economy
NIGERIA’S headline inflation increased to 28.20% YoY in November 2023; 0.87% higher than 27.33% recorded in October 2023, according to Comercio Partners Research.
It stated that MoM, headline inflation increased to 2.09% in November 2023; 0.35 higher than 1.73% recorded in October 2023.
On food inflation, it noted that it inched up by 32.84% YoY in November 2023; 1.32% higher than 31.52% recorded in October 2023.
It added that MoM, food inflation increased to 2.42% in November 2023; 0.51 higher than 1.91% recorded in October 2023.
“Core inflation printed at 22.38% YoY in November 2023; 0.19% lower than 22.58% recorded in October 2023.
“MoM, core inflation printed at 1.53% in November 2023; 0.14 higher than 1.39% recorded in October 2023,” it added.
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-December 15, 2023 @ 18:05 GMT|
Tags: Inflation Nigeria’s inflation rate
