Inflation Rate Rises To 22.04 At End Of Q1, 2023

Nigeria’s annual inflation rate rose to 22.04 per cent as contained in the latest Consumer Price Index (CPI) report released on Saturday by the National Bureau of Statistics (NBS).

The NBS said the March inflation rate showed an increase of 0.13 per cent points when compared to 21.91 per cent in the February 2023 headline inflation rate.