August inflation rate seen rising above July’s 15.43% – Analysts predict

Analysts predict that the headline inflation rate will rise in August. Despite two consecutive months of disinflation, the rate is expected to remain elevated. Projections for the August inflation rate range from 15.3% to 15.94%.

This follows July's inflation rate of 15.43%. The predicted increase suggests that inflation may be on the rise again.

Further details on the projected inflation rate and analysis are available from the source, Nairametrics.