Year-end Festivities Push Monthly Inflation to 4-Month High ┃ Ask Nigeria Breaking News!
Автор: Ask Nigeria
Загружено: 2025-12-16
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Year-end Festivities Push Monthly Inflation to 4-Month High ┃ Ask Nigeria Breaking News! View exclusively on social media, join us for accurate and up-to-date information on the current events shaping Nigeria. 📹🎤📰🇳🇬
Nigeria's inflation rate rose to 1.22% in November 2025, driven by increased food prices due to year-end festivities and insecurity challenges. Despite this, the headline inflation rate declined for the eighth consecutive month to 14.45%, according to the National Bureau of Statistics (NBS). The month-on-month food inflation rate also rose to 1.13%, the highest in three months, driven by price increases in perishable food items.. Analysts predict a similar trend in December due to festive season demand.
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