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Inflation Soars to 11.28% in November 2018- Statistics Office

Nigeria’s inflation rate rose slightly in November over that of 2017, with price increases across a broad range of products.

Announcing this on Friday, the National Bureau of Statistics, NBS, said November’s consumer inflation was up 11.28 percent from a year ago, versus 11.26 percent in October.

Food inflation was at 13.30 percent over the previous year, another slight bump from the 13.28 percent yearly increase recorded in October, according to the NBS.

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