Home Business Economy June Annual Inflation Rate Climbs to 12.56% in June on Rising Imported Food, Local Food Prices
Economy

June Annual Inflation Rate Climbs to 12.56% in June on Rising Imported Food, Local Food Prices

Share
Share

July 17, 2020/Cowry Asset

In line with our expectations, the National Bureau of Statistics reported a 12.56% rise in annual inflation rate for the month of June (the highest since March 2018) from 12.40% printed in May.

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

Nigeria, Saudi Arabia Forge Stronger Economic Ties With Focus On Infrastructure And Industrial Development

In a major step toward strengthening economic cooperation, Nigeria’s Minister of Finance...

Nigeria’s Inflation Dropped To 24.48% After Rebasing — NBS

Nigeria’s headline inflation dropped to 24.48 per cent in January 2025 following...

Nigeria To Host Over 5,000 Delegates At The 2025 Afreximbank’s Annual Meetings

Nigeria has officially signed an agreement to host the 2025 Afreximbank Annual...

NICA’S Rating Of Tinubu’s Cornerstone Credit Economy For Nigerians

The largest population of Nigerians are unaware of the direction the president...