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Nigeria’s Inflation Surges to 32.7% in September on Rising Fuel Costs

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© Allen Dreyfus
  • Headline inflation reached 32.7%, driven by higher gasoline prices and transportation costs
  • Core inflation offers a slight indication of future relief with a marginal month-on-month decline

 Lagos, Nigeria – Nigeria’s annual inflation rose to 32.7% in September, reversing the slowdown recorded over the previous two months, according to the National Bureau of Statistics (NBS).

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