Will the Nigerian National Bureau of Statistics release new inflation data showing a decline in headline inflation compared with the previous month?

Outcome: NO

How this forecast is settled

Will Nigeria’s statistics agency release inflation data showing a drop compared to the previous month? The result depends on economic conditions like food prices, fuel costs, and exchange rates.

Resolution

Nigeria's headline inflation did not decline compared to the previous month; instead, it rose to 15.93% in May. This marked the third consecutive month of increases, following a rise to 15.69% in April and 15.38% in March.

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