Tag: Food Inflation
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Nigeria’s Import Food Inflation Hits Record 29.8% Amid Currency Depreciation
Nigeria experienced its highest level of imported food inflation in February 2024, up 352 basis points from 26.3% to 29.8% during the preceding month.
Nairalytics,...
Experts warn that inflation in Nigeria’s food prices may exacerbate the existing hunger crisis
Economic pundits have expressed their views, suggesting that the economic reform policies initiated by the government under the leadership of President Bola Ahmed Tinubu...
Nigeria’s February Inflation Increases By 21.91% As Rent And Food Prices Rise
Looking at the trend, the headline inflation rate for February 2023 increased by 0.09 percentage points from January 2023.
The headline inflation rate was also...
Nigeria’s Annual Food Inflation Keeps Skyrocketing for 24th Consecutive Month, Says NBS
In Nigeria, the annual food inflation rate rose for the 24th consecutive month to 20.75 per cent in October from 20.71 per cent in...
