The National Bureau of Statistics, NBS, has said that Nigeria’s headline inflation rate increased to 22.41 per cent in May 2023.
This is according to the NBS Consumer Price Index, CPI, and Inflation Report for May 2023 released in Abuja on Thursday.
According to the report, the figure is 0.19 per cent points higher compared to the 22.22 per cent recorded in April 2023.
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