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Nigeria’s Inflation Rate Hits 28.2% In November – NBS

The Next Edition by The Next Edition
December 15, 2023
in Featured
FG, States Debt Portfolio Hits N28.63trn – NBS
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Plateau at 25.53 per cent.

 

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The report added that in November 2023, all-items inflation rate on a month-on-month basis was highest in Kano at 3.55 per cent, followed by Kebbi at 3.34 per cent, and Borno at 3.24 per cent.

 

“Taraba was at 0.74 per cent, followed by Anambra at 1 per cent, while and Enugu State at 1.18 per cent, recorded the slowest rise in month-on-month inflation,’’ the NBS stated.

 

The report said on a year-on-year basis, food inflation was highest in Kogi at 41.29 per cent, followed by Kwara at 40.72 per cent, and Rivers at 40.22 per cent.

 

“ Bauchi at 26.14 per cent, followed by Borno at 27.34 per cent and Jigawa at 27.63 per cent recorded the slowest rise in food inflation on a year-on-year basis.,’’ it stated.

 

The report showed, however, that on a month-on-month basis, food inflation was highest in Cross River at 4.37 per cent, followed by Edo at 3.95 per cent, and Rivers at 3.91 per cent.

 

Anambra at 0.63 per cent, followed by Oyo at 0.91 per cent and Bauchi at 1 per cent, recorded the slowest rise in inflation on a month-on-month basis, the NBS stated also. (NAN)

 

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