Nigeria’s inflation rate hits 33.69% in April

The NBS said this in its Consumer Price Index (CPI) and Inflation Report for April, which was released in Abuja on Wednesday.

According to the report, the figure is 0.49 per cent points higher compared to the 33.20 per cent recorded in March 2024.

It said on a year-on-year basis, the headline inflation rate in April 2024 was 11.47 per cent higher than the rate recorded in April 2023 at 22.22 per cent.

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