BREAKING: Inflation hits 11.61% — highest in 18 months
The consumer price index, which measures inflation, rose to 11.61% in October, data released by the National Bureau of Statistics (NBS) has shown.
This is an increase of 0.37 percentage points compared to 11.24% recorded in September.
This was the exact inflation rate recorded in May 2018 when the country was recovering from the recession and high inflation rate.
More to follow…