Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the ultimate-addons-cf7 domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/searchfm/searchmediamx.com/wp-includes/functions.php on line 6114

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the give domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/searchfm/searchmediamx.com/wp-includes/functions.php on line 6114

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the ultimate-addons-cf7 domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/searchfm/searchmediamx.com/wp-includes/functions.php on line 6114
Nigeria’s Headline Inflation Rate Declines to 33.40% in July 2024, First Drop Since December 2022 | Search Media

Nigeria’s Headline Inflation Rate Declines to 33.40% in July 2024, First Drop Since December 2022

by | Aug 16, 2024 | Economics, NEWS, Security | 0 comments

A newly published report by the National Bureau of Statistics (NBS) has indicated a decline in Nigeria’s headline inflation rate to 33.40% in July 2024 from 34.19% in June 2024.

The development marks the first since December 2022, when it last dropped to 21.34

According to the Bureau’s Consumer Price Index (CPI) report for July 2024, the headline inflation rate decreased by 0.79% in July 2024

A breakdown of the figure showed that on a year-on-year basis, the rate was 9.32% points higher than in July 2023, when it stood at 24.08%.

This indicates an increase in the headline inflation rate on a year-on-year basis

Leave a Reply