Economists Express Concern Over The Soaring Production Costs Amidst A Staggering Inflation Rate Of 22.79%
According to data released by the National Bureau of Statistics on Monday, Nigeria’s headline inflation rate has risen for the sixth consecutive time, reaching 22.79% in June 2023. This represents a new 17-year high, surpassing the previous month’s rate of 22.41%. The report states that the June 2023 headline inflation rate increased by 0.38 percentage […]