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Nigeria’s Inflation rate hits 15.38% in March amid rising consumer costs

Headline inflation rose to 15.38% in March, up from February's 15.06%

The Consumer Price Index surged by 5.4 points, reaching a new high of 135.4

Month-on-month headline inflation accelerated to 4.18%, reflecting significant short-term price pressure

Food inflation hit 14.31%, with monthly costs rising by 4.17% across the country

Nigeria’s Inflation rate hits 15.38% in March amid rising consumer costs

Local Market

Headline inflation rose to 15.38% in March, up from February's 15.06%

The Consumer Price Index surged by 5.4 points, reaching a new high of 135.4

Month-on-month headline inflation accelerated to 4.18%, reflecting significant short-term price pressure

Food inflation hit 14.31%, with monthly costs rising by 4.17% across the country

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