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JUST IN: Nigeria’s Inflation Hits 18.6% In June - Politics - Nairaland

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JUST IN: Nigeria’s Inflation Hits 18.6% In June by happney65: 2:54pm On Jul 15, 2022
Nigeria’s inflation rate in the month of June 2022 increased to 18.60 percent on a year-on-year basis.

The National Bureau of Statistics disclosed in its Consumer Price Index June 2022 report.

The recorded increase in June is 0.84 percent points higher compared to the rate recorded in June 2021, which is 17.75 percent.

This means that the headline inflation rate increased in the month of June 2022 when compared to the same month in the previous year (June 2021).

Increases were recorded in all COICOP divisions that yielded the Headline index.

On a month-on-month basis, the Headline inflation rate increased to 1.82 percent in June 2022, this is 0.03 percent higher than the rate recorded in May 2022 (1.78 percent).

The percentage change in the average composite CPI for the twelve months period ending June 2022 over the average of the CPI for the previous twelve months period is 16.54 percent, showing a 0.62 percent increase compared to 15.93 percent recorded in June 2021.

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Re: JUST IN: Nigeria’s Inflation Hits 18.6% In June by Pierohandsome: 3:31pm On Jul 15, 2022
Only 9.1% increase in America, citizens are already protesting.
Re: JUST IN: Nigeria’s Inflation Hits 18.6% In June by Viscuz: 3:53pm On Jul 15, 2022
Ajekutu

Re: JUST IN: Nigeria’s Inflation Hits 18.6% In June by Bethel4Life(f): 4:13pm On Jul 15, 2022
Sai Buhari cheesy
Re: JUST IN: Nigeria’s Inflation Hits 18.6% In June by Bethel4Life(f): 4:14pm On Jul 15, 2022
Modsareidiots:
It doesn't affect BMC crew na, they still buy rice for 15k and petrol for 120.
They're everywhere shouting BAT with agbado and cassava in their stomach.
See their leaders below
cheesy

Lols who else noticed this..

BMC urchins are no longer defending Buhari like there lives depends on it as before.... they av ported to the Agbado master Tinubu grin grin
Re: JUST IN: Nigeria’s Inflation Hits 18.6% In June by XerXers: 4:24pm On Jul 15, 2022
Peter Obi to the rescue, build the economy first then infrastructure will follow

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