November 15, 2024/Futureview Research Headline Inflation In October 2024, the headline inflation rate rose to 33.88%, up from 32.70% in September 2024, reflecting an increase of 1.18 percentage points. Year-on-year, the inflation rate was 6.55 percentage points higher than the 27.33% recorded in October 2023, indicating a significant rise compared […]

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: […]