The National Bureau of Statistics (NBS) on Thursday revealed that the nation’s inflation rate had risen to 22.41 per cent in the month of May.
This is a rise from the previous month’s figure of 22.22 per cent.
According to the NBS, Food & Non-Alcoholic Beverages, Housing Water, and Electricity. Gas & Other Fuel, Clothing & Footwear were the major drivers of the inflation rate in May.
NigeriaDNA is a Direct News source that delivers the latest news, buzz, and stories from some of Nigeria’s most popular and trusted news websites. NigeriaDNA facilitates this by publishing headlines linking to breaking news and curated snippets from a diverse range of Nigerian credible, independent, and public-interest news sources. Our editors make it easy for Nigerians abroad and diaspora to discover top news stories in real-time as they're posted and directly linked to Nigeria's authoritative News Sources.
© 2024 All Rights Reserved | Curated and Powered by Nigeria DNA
