{"id":74936,"date":"2023-08-15T13:29:08","date_gmt":"2023-08-15T12:29:08","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=74936"},"modified":"2023-08-15T16:24:18","modified_gmt":"2023-08-15T15:24:18","slug":"nigerias-inflation-jumps-to-24-08-in-july-nbs","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/nigerias-inflation-jumps-to-24-08-in-july-nbs\/","title":{"rendered":"Nigeria\u2019s Inflation Jumps To 24.08% In July \u2014 NBS"},"content":{"rendered":"
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Nigeria\u2019s headline inflation jumped to 24.08 per cent in July 2023, the National Bureau of Statistics has revealed.<\/p>\n<\/div>\n

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This is the highest recorded leap in 2023 and a while.<\/p>\n<\/div>\n

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In June, inflation was recorded at 22.79 per cent, but has now jumped by 1.29 percentage points.<\/p>\n<\/div>\n

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\"\"The NBS said, \u201cIn July 2023, the headline inflation rate rose to 24.08 per cent relative to June 2023 headline inflation rate which was 22.79 per cent.<\/p>

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Advertisement<\/div>\r\n\t\t\t\t\t\t\t<\/a>\r\n \r\n\t\t\t\t\t\t\t<\/div>\n<\/div>\n
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\u201cLooking at the movement, the July 2023 headline inflation rate showed an increase of 1.29 per cent points when compared to June 2023 headline inflation rate.<\/p>\n<\/div>\n

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\u201cOn a year-on-year basis, the headline inflation rate was 4.44 per cent points higher compared to the rate recorded in July 2022, which was 19.64 per cent. This shows that the headline inflation rate (year-on-year basis) increased in July 2023 when compared to the same month in the preceding year (i.e.,\u00a0July\u00a02022).\u201d<\/p>\n<\/div>\n<\/p>","protected":false},"excerpt":{"rendered":"

Nigeria\u2019s headline inflation jumped to 24.08 per cent in July 2023, the National Bureau of Statistics has revealed.<\/p>\n","protected":false},"author":6,"featured_media":74937,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[748],"coauthors":[2391],"class_list":["post-74936","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-nbs"],"yoast_head":"\nNigeria\u2019s Inflation Jumps To 24.08% In July \u2014 NBS - National Wire<\/title>\n<meta name=\"description\" content=\"Nigeria\u2019s headline inflation jumped to 24.08 per cent in July 2023, the National Bureau of Statistics has revealed.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/nigerias-inflation-jumps-to-24-08-in-july-nbs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigeria\u2019s Inflation Jumps To 24.08% In July \u2014 NBS - 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