Nigeria’s inflation has increased for the 15th consecutive month to 14.89% in November 2020, from 14.23% in October.

The report which was released by the National Bureau of Statistics also shows a spike in food inflation which jumped to 18.30% in November from 17.38% the previous month, while core inflation declined to 11.05%.

The statistics office attributes the rise in the food index to increases in prices of major food commodities including potatoes, yam, and other tubers, as well as fruits and vegetables.

Urban inflation was up to 15.47% while rural inflation rose to 14.33% in the month of November.