Inflation Rate Jumps To 11.28% in November

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Vice President, Prof. Yemi Osinbajo

The inflation rate rose slightly in November over the previous year, with price increases across a broad range of products, the statistics office said on Friday,

November consumer inflation was up 11.28 percent from a year ago, versus 11.26 percent in October, the National Bureau of Statistics (NBS) said.

Food inflation was at 13.30 percent over the previous year, another slight bump from the 13.28 percent yearly increase recorded in October, according to the NBS.

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