Research Document: November Inflation Report


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Posted Tue, Dec 17, 2024 9:22 PM

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Nigeria’s inflation will remain elevated in the coming months, fueled by rising food and fuel costs, structural inefficiencies, and festive season demand. While the month-on-month core inflation rate decline is evident, the elevated Monetary Policy Rate (MPR) at 27.5 percent will continue to tighten credit conditions, hinder investments, and stifle private sector activity.

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