Inflation Rate 2024 In Nigeria. New base period for consumer price indices is november 2009. Nigeria’s inflation is projected to drop to 21.5% in 2024, from the 24.5% recorded in 2023.
Imf data suggests a gradual decline in the inflation rate from 23% in 2025 to 16% in 2026, 15.4% in 2027, and 14% in both 2028 and 2029. In 2023, nigeria recorded one of the highest inflation rates in the world at around 25 percent.
Nigeria Inflation Rate For 2020.
This is according to the 2024 macroeconomic outlook produced by.
The 2022 Average Figure Was 18.8%.
Nigeria’s inflation rate escalated to 33.69% in april 2024, a slight uptick from 33.20% in march, primarily fueled by rising food and energy.
Inflation Rate 2024 In Nigeria Images References :
Nigeria’s Inflation Rate In June 2024 Surged From 33.95% In May 2024 To 34.19% In June According To The Latest.
Imf data suggests a gradual decline in the inflation rate from 23% in 2025 to 16% in 2026, 15.4% in 2027, and 14% in both 2028 and 2029.
Nigeria's Headline Inflation Increased To 33.20% Year On Year In March, Up From The 31.70% Reported In February.
In march 2024, the food inflation rate on a month.