November 15, 2024/Coronation Research The NBS has released its October inflation report to show Headline rate: 33.9% y/y (32.7% in September)                 Core rate: 28.4% y/y (27.4%)                 Food rate: 39.2% y/y (37.8%) Headline inflation increased by 118bps […]

November 15, 2024/Cordros Report Consumer prices in Nigeria increased by 118bps to 33.88% y/y in October (September: 32.70% y/y). The outturn is 39bps and 48bps higher than Cordros’ (33.49% y/y) and Bloomberg’s median consensus (32.40% y/y) estimates, respectively. On a month-on-month basis, headline inflation increased by 12bps to 2.64% (September: […]

November 15, 2024/InvestmentOne Update Headline inflation rate increased to 33.88% y/y in October 2024 vs. 32.70% y/y in September 2024. Likewise, food inflation rate rose to 39.16% y/y in October 2024 vs. 37.77% y/y in September 2024. Elsewhere, core inflation rate increased to 28.37% y/y in October 2024 vs. 27.43% […]