Inflation Rate In Nigeria 2024 Today. Inflation monitor describes, on a monthly basis, the composition of items in the food basket which the national bureau of statistics uses for the computation of inflation rate in nigeria. Core inflation rate in nigeria averaged 11.90 percent from 2007 until 2024, reaching an all time high of 27.58 percent in august of 2024 and a record low of 0.49 percent in march of 2008.
With continued monetary tightening, inflation is. Looking at the movement, the september 2024 headline inflation rate showed an increase of 0.55% compared to the august 2024 headline inflation rate.