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March 2023

Nigeria’s Inflation Prints at 21.91%, Driven by Naira Scarcity, Price of food items.

The Consumer Price Index (CPI)/Headline Inflation/All Item Index The Consumer Price Index (CPI), which measures inflation, rose by 21.91% Year-on-Year (YoY) in Feb’23, representing the second consecutive acceleration after moderating in December 2022. This is 0.09% higher than the rate recorded in...
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