Nigeria’s headline inflation increased for the 18th time in June 2024 to 34.19 percent from 33 95 percent recorded in May amid worsening hardship. The National Bureau of Statistics disclosed this in its latest Consumer Price Index and Inflation report released on Monday. Looking at the movement, the June 2024 headline inflation rate showed an increase of 0.24 percent points when compared to the May 2024 headline inflation rate. On a year-on-year basis, the headline inflation rate was 11.40 percent points higher compared to the rate recorded in June 2023, which was 22.79 percent. This shows tha…