NBS said that on a year-on-year basis, the headline inflation rate in August 2024 was 6.35 per cent higher than in August 2023 at 25.80 per cent.
On a year-on-year basis, the headline inflation rate was 11.40 per cent higher compared to June 2023, which recorded a rate of 22.79 per cent.
The report said on a year-on-year basis, in May 2024, the urban inflation rate was 36.34 per cent.
The National Bureau of Statistics (NBS) reports that the National Average Cost of a Healthy Diet (CoHD) per adult per day was N1,035 in April.
It said increases were observed in food and non-alcoholic beverages, housing, water, electricity, gas, and other fuel.
The NBS said in its CoHD report for March 2024, released on Tuesday that the cost in March increased by 4.7 per cent compared to the N938 recorded in February.
NBS said that on a year-on-year basis, the headline inflation rate in February 2024 was 9.79 per cent higher than the rate recorded in February 2023, which was 21.91 per cent.
The NBS disclosed this in its December Consumer Price Index (CPI) and Inflation Report, which was released in Abuja on Thursday.
The data for this indicator is derived from the comprehensive food price data.
In November 2022, the headline inflation rate stood at 21.47 per cent.
