Breaking Down Nigeria’s November 2024 Inflation Report

from The Evening Dew · host whatspodcasting

Nigeria’s November 2024 inflation report. Headline inflation rose to 34.60%, a 0.72% increase from October, with food inflation hitting 39.93%, driven by rising prices of staples like yam, rice, and maize. Urban areas faced higher inflation (37.10%) compared to rural areas (32.27%). Highlights the challenges facing the Central Bank’s efforts to curb it and predicts tighter monetary policies in 2025. Source : ⁠https://microdata.nigerianstat.gov.ng/index.php/catalog/154⁠

Episode metadata supplied by the publisher feed · Published Dec 16, 2024

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Breaking Down Nigeria’s November 2024 Inflation Report

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