Inflation Rate To Drop By 77 Basis Points In July

Nigeria’s inflation rate is forecast to fall by 77 basis points in July, as market consensus anticipates base effects to drag down the consumer price index trajectory. In the domestic economy, the headline inflation rate continued to rise, reaching 34.19% year on year in June 2024, up from 33.95% in May. Analysts believe that this … Continue reading Inflation Rate To Drop By 77 Basis Points In July