inflation rises to 348 as festive period drives up demand

Inflation Rises To 34.8 As Festive Period Drives Up Demand

Analysts projects lower inflation for January

CPPE calls for pause in monetary policy tightening

Nigerias inflation raterose to 34.8 per cent in December from 34.6 per cent in November driven by festive period rise in demand for goods and service.

The National Bureau of Statistics, NBS , disclosed this in its December Consumer Price Index report, CPI.