Inflation Rate In Nigeria 2024. Looking at the movement, the january 2024. Nigeria’s inflation rate in june 2024 surged from 33.95% in may 2024 to 34.19% in june according to the latest report from the national bureau of statistics, (nbs).

In april 2024, the headline inflation rate rose to 33.69%, up from 33.20% in march 2024, marking an increase of 0.49% points according to the nigeria bureau of statistics. The rise was driven primarily by escalating food prices, soaring energy costs and ongoing.