Inflation rose higher in November by 6.07 per cent on annual basis and the founder of the Centre for the Promotion of Private Enterprises, Muda Yusuf said the soaring rate is eroding the purchasing power of Nigerians.
The National Bureau of Statistics said on Thursday that Consumer Price Index for November 2022 stood at 24.47 compared to last year’s 15.40 per cent recorded recoded in November.
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