year-on-year

Nigeria’s inflation records 7 months rise to 13.22% in August

Nigeria’s inflation records 7 months rise to 13.22% in August

By Elizabeth Adegbesan Nigeria’s inflation has recorded seven months (from February to August) rise to 13.22 percent in August. The headline inflation rate stood at 12.20 percent in February from where it rose by 1.02 percent to 13.22 percent in August. When compared to 12.82 percent recorded in July 2020, inflation rate rose year-on-year (YoY) […]