Nigeia’s inflation rate records its first increase after the rebasing exercise in January, rises to 24.23% in the month of March.
According to the latest figures from the National Bureau of Statistics, NBS, this marks a significant rise from February 2025, when the inflation rate stood at 23.18%. This reflects the mounting pressure on household incomes and the cost of living.
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The March 2025 figure is the first rise recorded after rebasing, which brought the inflation rate from the near 30-year high of 34.8% in December 2024 to 24.48% in January 2025.
(Editor: Terverr Tyav)
