Nigerian Inflation Quickens to 7.9% in November

Inflation rate quickened in November, the first uptick in four months, mainly on higher food prices, the statistics office said.
Inflation was 7.9 percent last month, up from 7.8 percent in October, the Abuja-based National Bureau of Statistics said in an e-mailed statement late yesterday.
“Prices increased in major food classes such as meat, fish, as well as bread and cereals,” the NBS said, without explaining the rise.

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