Raw materials prices have risen by 20 to 100 percent in the last one year, leading to high prices of finished products, thus squeezing consumers who are already stretched by low income levels and inflation.
“I used to buy a medium-sized loaf of bread at N300 in July 2019, but it has gone up to
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
