Economy

NBS: Nigerian annual inflation at 12.82% in July

A man wears a protective mask as he shops for groceries at Bakan Gizo supermarket, amid the coronavirus disease (COVID-19) outbreak, in Abuja, Nigeria June 11, 2020. REUTERS-Afolabi Sotunde-File Photo

Annual inflation in Nigeria stood at 12.82% in July, up from 12.56% in June, the National Bureau of Statistics said on Monday in a report.

A separate food price index showed inflation at 15.48% in July, compared with 15.18% in June.

Get more stories like this on Facebook, Twitter and Telegram
Read Also:  Nigeria out of stagnation not recession – Onovo