Nigeria Inflation Rate 2024 Graph. Nigeria inflation rate for 2022 was 18.85%, a 1.89% increase from 2021. The headline inflation rate rose to 2.3 percent in june 2024 from 2.1 percent in may 2024 after declining in response to monetary policy tightening since february 2024 (see fig.
International monetary fund, international financial statistics and data files. Looking at the movement, the august 2024 headline inflation rate showed a decrease of 1.25% points when compared to the july 2024 headline inflation rate.
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