By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Times ReportersTimes Reporters
  • Home
  • News
  • Politics
  • Business
    • Economy
  • Sports
  • Entertainment
  • About Us
  • Bookmarks
Search
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Reading: Nigeria’s inflation rate now 34.19%, says NBS report
Share
Sign In
Notification Show More
Latest News
Dr. Charles Iyangbe Appointed WorldFish Country Representative for Nigeria
Civil Society Organisations Metro News
NUPENG Denounces Allegations of Depot Dues Collection as Blackmail, Misinformation Campaign 
Labour News Oil & Gas
Corps Marshal Approves Deployment Of Senior Officers Nationwide For Effective Service Delivery
Civil Service Metro Motoring News Transportation Travel/Leisure
Teens Shine Bright at Fabulous Minds Women Initiative’s ‘Speak, Shine, and Succeed’ Workshop In Abuja
Education Labour Metro News Youths
Come to my rescue from Imo Police’s Tiger Base, Offor cries to Senate, IGP, others
Crime Insecurity Metro News
Aa
Times ReportersTimes Reporters
Aa
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Search
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Have an existing account? Sign In
Follow US
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Times Reporters > Business > Economy > Nigeria’s inflation rate now 34.19%, says NBS report
BusinessEconomyNews

Nigeria’s inflation rate now 34.19%, says NBS report

Publisher
By Publisher Published July 16, 2024
Share
2 Min Read
SHARE

A new inflation rate has been released for Nigeria, with the number increasing from 33.95% in May 2024 to 34.19% in June 2024.

This was contained in a document titled “CPI and Inflation Report June 2024” released on Monday by the National Bureau of Statistics (NBS).

The report said, “In June 2024, the headline inflation rate increased to 34.19% relative to the May 2024 head line inflation rate which was 33.95%.”

The NBS said looking at the movement, the June 2024 headline inflation rate showed an increase of 0.24% points when compared to the May 2024 headline inflation rate.

On a year-on-year basis, said the Bureau, the headline inflation rate was 11.40% points higher compared to the rate recorded in June 2023, which was 22.79%.

The document said this shows that the headline inflation rate (year-on-year basis) increased in the month of June 2024 when compared to the same month in the preceding year (i.e. June 2023).

The NBS further noted that on a month-on-month basis, the headline inflation rate in June 2024 was 2.31%, which was 0.17% higher than the rate recorded in May 2024 (2.14%).

The report said this means that in the month of June 2024, the rate of increase in the average price level is higher than the rate of increase in the average price level in May 2024.

Like this:

Like Loading...

Related

You Might Also Like

Dr. Charles Iyangbe Appointed WorldFish Country Representative for Nigeria

NUPENG Denounces Allegations of Depot Dues Collection as Blackmail, Misinformation Campaign 

Corps Marshal Approves Deployment Of Senior Officers Nationwide For Effective Service Delivery

Teens Shine Bright at Fabulous Minds Women Initiative’s ‘Speak, Shine, and Succeed’ Workshop In Abuja

Come to my rescue from Imo Police’s Tiger Base, Offor cries to Senate, IGP, others

TAGGED: inflation

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Publisher July 16, 2024
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
Share
Previous Article Kidnapped journalists: Information minister receives freed victims; salutes NSA, others
Next Article Food Shortage: FG Gifts Each State Government 20 Trucks Of Rice
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
Telegram Follow

– Member of –

- Advertisement -
Ad imageAd image

Latest News

Dr. Charles Iyangbe Appointed WorldFish Country Representative for Nigeria
Civil Society Organisations Metro News September 16, 2025
NUPENG Denounces Allegations of Depot Dues Collection as Blackmail, Misinformation Campaign 
Labour News Oil & Gas September 16, 2025
Corps Marshal Approves Deployment Of Senior Officers Nationwide For Effective Service Delivery
Civil Service Metro Motoring News Transportation Travel/Leisure September 14, 2025
Teens Shine Bright at Fabulous Minds Women Initiative’s ‘Speak, Shine, and Succeed’ Workshop In Abuja
Education Labour Metro News Youths September 14, 2025

You Might also Like

Civil Society OrganisationsMetroNews

Dr. Charles Iyangbe Appointed WorldFish Country Representative for Nigeria

September 16, 2025
LabourNewsOil & Gas

NUPENG Denounces Allegations of Depot Dues Collection as Blackmail, Misinformation Campaign 

September 16, 2025
Civil ServiceMetroMotoringNewsTransportationTravel/Leisure

Corps Marshal Approves Deployment Of Senior Officers Nationwide For Effective Service Delivery

September 14, 2025
EducationLabourMetroNewsYouths

Teens Shine Bright at Fabulous Minds Women Initiative’s ‘Speak, Shine, and Succeed’ Workshop In Abuja

September 14, 2025
Times ReportersTimes Reporters
Follow US

© 2024 Times Reporters | Deigned by AuspiceWeb Graphics. All Rights Reserved.

  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
Join Us!

Subscribe to our newsletter and never miss our latest news!

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?
%d