The increase of zero point five five per cent is from the August 2024 figure of thirty two point one five per cent.

The development was after inflation dropped consecutively in the previous two months of July and August.

Year-on-year, inflation has surged by five point nine eight percentage points compared to the twenty six point seven two per cent recorded in September 2023.

Food prices remain a key driver of inflation, with the food inflation rate climbing to thirty seven point seven seven per cent in September 2024, a notable rise of seven point one three per cent from the thirty point six four per cent recorded in the same period last year.

The increase in food inflation is largely attributed to rising prices of staples such as rice, maize, beans, and yams.

Month-on-month, the food inflation rate also increased to two point six four per cent in September 2024, up from two point three seven per cent in August.