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Nigerian Inflation Rose To 16.5 Percent In June: Statistics Office

Nigerian Inflation Rose To 16.5 Percent In June: Statistics Office

Annual inflation in Nigeria accelerated to 16.5 percent in June, data showed on Monday, its highest in almost a decade and the fifth monthly increase in a row, as the crisis in Africa’s biggest economy deepens. The rise reflected higher prices for electricity, transport and food, a separate index for which rose to 15.3 percent […]