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Research Document: Breaking a 19-Month Rising Trend: Inflation Eases to 33.4% in July 2024


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Posted Fri, Aug 16, 2024 6:50 PM

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The National Bureau of Statistics (NBS) reported a decline in both headline and food inflation rates in July 2024, marking the first decrease after 19 months of continuous increase. However, despite this relief, all measures of inflation during this period remain significantly higher than the rates recorded in July 2023.

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All text, graphics, audio files, code, downloadable material, and other works on this web site are the copyrighted works of the Nigerian Economic Summit Group (NESG).