According to the National Bureau of Statistics, NBS, data, Nigeria’s inflation rate increased to 33.2% for March 2024.
This is a 1.5% increase from the 32.7% recorded in February this year.
Details on this report are coming.
Meanwhile, the World Bank said that Nigeria’s inflation rate will remain high at 24.8 percent year-on-year, YoY, in 2024.
The World Bank also reaffirmed its projection of 3.3 percent economic growth for the country in 2024 and reduced its projection for 2025 to 2026 by 0.1 percentage points to 3.6 percent from its January projection of 3.7 percent.
The post Breaking: Nigeria’s inflation rate hits 33.2% — NBS appeared first on DNews Info.
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