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Housing, electricity costs push inflation to 18.48%

Lagos house prices and economic recession

New Telegraph reports that the monthly inflation rate commonly referred to as Consumer Price Index (CPI) has risen by 0.15 per cent from 18.33 per cent to 18.48 per cent in the month of November, according to the monthly inflation data released by the National Bureau of Statistics (NBS). NBS cited increases in costs of water, housing, electricity, gas and clothing ...

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