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Nigeria’s Inflation Rate Increases to 12.56 in June

The Nigeria’s National Bureau of Statistics (NBS) Friday reported that the country’s consumer price index, (CPI) which measures inflation increased to 12.56 percent (year-on-year) in June 2020, representing 0.16 percent points higher than the rate recorded in May 2020 (12.40) percent. According to NBS, the increases were recorded in all …

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