 In business, after eight months of consecutive decline in inflation rates in the country, the National Bureau of Statistics says the nation's inflation rate for December 2021 rose to 15.63%. That's from 15.4% in November of the same year according to the Consumer Price Index report released by the Bureau. The statistician general of the Federation and Chief Executive offers National Bureau of Statistics Dr Simon Harry said this on Monday, yn y bujau while briefing newsmen in his office. According to him, food inflation also rose to 17.37% from 17.21% recorded in the previous month. Co-inflation moved upwards from 13.85% recorded in November of 2021 to 13.87%. The change in the decline in sales for about eight months might have been caused by the increase in prices of goods and services as a result of increase in their demand during the month under review being a festive season. A month-to-month basis, the headline index increased by 1.82% in December 2021. This is 0.74% higher than the rate recorded in November 2021, which was 1.08%. It may interest you to note also that the overall inflation rate increased to 16.17% a year-on-year basis in December 2021 from 16.33% as recorded in December 2020, which was lower by 0.1% points while the rural rate increased to 50.11% in December 2021.