Highest In 17 years

Nigeria’s inflation rate increased from 18.60 percent in June to 19.64 percent in July 2022, making it the highest recorded since September 2005.   This was revealed in the National Bureau of Statistics (NBS) consumer price index (CPI) report for July 2022 released on Monday August 15.   Giving a breakdown of the report in a statement, Statistician-General of…