{"id":21108,"date":"2025-12-15T13:07:18","date_gmt":"2025-12-15T11:07:18","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/nigerias-inflation-rate-eases-further-in-november\/"},"modified":"2026-02-27T16:32:16","modified_gmt":"2026-02-27T14:32:16","slug":"nigerias-inflation-rate-eases-further-in-november","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/nigerias-inflation-rate-eases-further-in-november\/","title":{"rendered":"Nigeria&#8217;s inflation rate eases further in November \u00a0"},"content":{"rendered":"<p>Nigeria&#8217;s headline inflation rate eased for the eighth consecutive month in November, helped by slowing food inflation, official data showed this Monday.<\/p>\n<p>&nbsp;<\/p>\n<p>Consumer inflation stood at 14.45% year on year last month, down from 16.05% in October.<\/p>\n<p>&nbsp;<\/p>\n<p>This year&#8217;s inflation slowdown follows years of surging prices that triggered a cost-of-living crisis in Africa&#8217;s most populous nation.<\/p>\n<p>&nbsp;<\/p>\n<p>Consumer inflation peaked near 35% last December before falling after the statistics office revised its base year and adjusted the weight of items in its price basket.<\/p>\n<p>&nbsp;<\/p>\n<p>Food inflation was at 11.08% year on year in November compared with 13.12% in October.<\/p>\n<p>&nbsp;<\/p>\n<p>The central bank said last month that it wanted inflation to fall further as it left its main interest rate unchanged.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;Reuters&#8211;<\/p>\n","protected":false},"featured_media":21109,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-21108","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Nigeria's headline inflation rate eased for the eighth consecutive month in November","published_date":"2025-12-15 15:05:54","news_description":"Nigeria's headline inflation rate eased for the eighth consecutive month in November","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/21108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/21108\/revisions"}],"predecessor-version":[{"id":24902,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/21108\/revisions\/24902"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/21109"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=21108"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=21108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}