Nigeria’s headline inflation hit 34.2% y/y in June 2024
Data from the National Bureau of Statistics shows Nigeria’s headline inflation rate rose by 24 basis points to 34.2 per cent. Core inflation stood at 27.4 per cent with food inflation printing at 40.87 per cent year-on-year. Femi Oladehin, Partner at Argentil Capital Partners joins CNBC Africa to unpack Nigeria’s inflation trajectory and expected moves from next week’s Monetary Policy Committee Meeting.
Mon, 15 Jul 2024 14:14:28 GMT