Tag: food inflation
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Nigerians groan as food inflation hits 20.60%
Nigerian traders and buyers have expressed dismay over soaring prices of food items as food inflation hit an upward height, moving from 19.50 percent recorded in May to 20.60 percent in June. The National Bureau of Statistics (NBS) data shows that the composite food index rose to 20.60 per cent in June 2022 on a…