August 27, 2024/CBN
- The businesses and households respondents believe that the July 2024 inflation rate was high, as indicated by the negative index point of -61.1
- Most respondents believed changes in the price of energy, exchange rate, and transportation were the major drivers of inflation in July 2024.
- Respondents expect their expenditure to increase further in July 2024.
- Majority of the respondents expect the CBN to decrease the interest rate.
- Majority of respondents follow the CBN communication closely and believe that the CBN is transparent in its communication.
