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The NBS said on a month-on-month basis, the core inflation rate was 2.01 per cent in May 2024. The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate increased to 33.95 per cent in May 2024.The NBS said this in its Consumer Price Index (CPI) and Inflation Report for May, which was released on Saturday in Abuja According to the report, the figure is 0.26 per cent points higher compared to the 33.69 per cent recorded in April 2024. It said on a year-on-year basis, the headline inflation rate in May 2024 was 11.54 per cent higher than the rate recorded in May 2023 at 22.4…

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