Headline inflation slows to 21.34% amid festive spending - Business & Economics - Afrii Diaspora Dialogue

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Headline inflation slows to 21.34% amid festive spending

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Analysts pick strengthening naira, falling purchasing power as factors Notwithstanding the Christmas seasonal impacts on prices, Nigeria’s headline inflation slowed mildly to 21.34 per cent, suggesting a peak could be on the horizon. December Consumer Price Index (CPI) reading shows the slight improvement comes from 0.4 percentage point ease in the troubling food basket. According […]

The post Headline inflation slows to 21.34% amid festive spending appeared first on The Guardian Nigeria News - Nigeria and World News.

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By Khamisi

January 17
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