Commodity price movement likely to spike June’s headline inflation

Nigerians tighten belts for Christmas as inflation bites

Inflationary pressure is changing shopping habits and spoiling traditions for many Nigerians.

Headline inflation for June will likely creep back up to 18.10 percent, a level last seen in March 2021. This could represent a point of inflection on the trend line of declining inflation which started in April 2021. Some sceptical analysts had questioned the basis for a decline in the rate o

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