In Nigeria, inflation fell more than expected in November. This reinforces expectations that decision makers Policies could resume interest rate cuts at the beginning of next year.

Data from the National Bureau of Statistics mention that consumer prices have increased by 14.5% compared to the previous year, down from 16.1% in October. This number is lower than the median estimate of 15% according to a Bloomberg survey. Les prices also fell on a monthly basis, reflecting a relaxation of pressure on the main household items. The downturn is due to largely due to food inflation, which fell to 11.1 per cent in November, compared to 13.1% the previous month. Food is an important part of household spending and was the main driver of the crisis in the cost of has been living in Nigeria for the last few years.

The Central Bank of Nigeria maintained its rate of reference at its last meeting, saying that it wanted to get clearer evidence of lasting disinflation. Global inflation continuing of decline, economists say that the arguments in favor of a policy easing intensifies in the run-up to the meeting of February from the bank.