Friday, 20 July 2007

Nigerian Inflation Accelerates for Second Month to 6.4 Percent in June

(Bloomberg) -- Nigerian inflation accelerated for a
second consecutive month, reaching an annual 6.4 percent in June
after food and fuel costs increased, the National Bureau of
Statistics said.

The inflation rate rose from 4.6 percent in May, the Abuja-
based agency said on its Web site late yesterday.


Read more at Bloomberg Emerging Markets News

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