NBS: Nigeria's Inflation Rate Drops from 33.40% in July to 32.15% in August
Monday, 16 September 2024, 05:47
NBS Reports Nigeria's Inflation Rate Decline
NBS reports Nigeria’s inflation rate decline from 33.40% in July to 32.15% in August. This decline indicates a significant improvement in economic conditions.
Overview of the Inflation Trends
- July inflation rate: 33.40%
- August inflation rate: 32.15%
Implications of the Decline
The decline in inflation could reflect increasing consumer stability and effective economic policies.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.