Analysts project slowdown in Nigeria’s Inflation rate for December

In a market brief released, investment banking firm, Afrinvest Limited, said a high base-year effect will spur the first disinflation in 11 months.

The statistics office is expected to release the December 2022 inflation report next week. Headline inflation was reported at 21.47% in November 2022 after a sustained month-on-month increase.

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