Hike In MPR Looms As Inflationary Pressure Lingers

Hike In MPR Looms As Inflationary Pressure Lingers …C0NTINUE READING HERE >>>

As Nigerians continue to grapple under a high inflationary economy, they are yet to get succour as the rate at which prices of goods and services rise is expected to continue to rise over the next six months, with analysts predicting a 34.7 per cent inflation rate for the month of November.

Latest data released by the National Bureau of Statistics (NBS) puts the inflation rate for October at 33.88 per cent up from 32.7 per cent in September. The latest figure, which is a four-month…

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