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Inflation Rates Reveal Cost of Living for Nigerian Workers

Inflation Rates Reveal Cost of Living for Nigerian Workers

The article presents an analysis of the cost of living for workers in Nigeria, based on the Consumer Price Index (CPI) data from March 2026. It reveals that inflation rates vary significantly across states, with Bayelsa being the most expensive state for workers, recording an annual item inflation of 26.0%.

Sokoto follows closely with an inflation rate of 26.0% as well, where food inflation reached 28.0%. Other states such as Bauchi (23.7%), Cross River (23.6%), and Kwara (22.9%) also report high inflation rates, primarily driven by rising food prices.

The article emphasizes that food inflation remains a major contributor to the overall cost of living pressures faced by workers, with states like Yobe and Taraba also experiencing significant inflation rates of 19.7% and 21.2%, respectively. The data indicates that food prices are rising faster than general inflation, impacting household budgets across the nation.

Plus234Feed summary based on reporting from Nairametrics. Read the original report below.

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