Despite 24.48% Rebased Inflation, Price Pressures Persist
With the rebased Inflation Figure Put at 24.48 Per Cent For January, A Substantial Decline From 34.8 Per Cent In December Last Year, Analysts have said The Reduction should not be celebrated as price pressures still persist.
The National Bureau of Statistics (NBS) announced The Latest Rebased Inflation Figures with 2024 used as the base Year, putting the rate at which Prices of Goods and Services rise at 24.48 Per Cent.
