Soaring Food Prices Drive Inflation to 27.33%
Amid sustained rise in food prices, Nigeria has recorded a 10th consecutive rise in inflation rate to a new high of 27.33% for the month of October, as analysts see further rises in the months ahead. The new figure represents a 0.61 percentage points year-on-year (YoY) when compared to 26.72% recorded in September. The National Bureau…