Nigeria Inflation Eases to 14.63 Percent
Nigeria annual inflation slowed to 14.63 percent in September from 15.39 percent in August. Food prices remained elevated near 19.6 percent, continuing a cost of living pressure for citizens before the election.
Nigeria's annual inflation rate fell to 14.63% in September from 15.39% in August, according to the National Bureau of Statistics. The slowdown offers a brief reprieve as citizens face a persistent cost-of-living crisis. Stubborn price pressures threaten President Bola Tinubu's electoral prospects ahead of January polls.
