Price hikes in Garri, Yam and other food items has pushed Nigeria's food inflation to 40.87 percent in June 2024 from 40.66 in May. The National Bureau of Statistics disclosed this in its latest Consumer Price Index and Inflation report. The figure showed that Nigeria's food inflation rose by 15.
Price hikes in Garri , Yam and other food items has pushed Nigeria's food inflation to 40.87 percent in June 2024 from 40.66 in May. The National Bureau of Statistics disclosed this in its latest Consumer Price Index and Inflation report. The figure showed that Nigeria's food inflation rose by 15.62 percent points higher compared to the rate recorded in June 2023 .
earlier reported that Nigeria's headline inflation rose to 34.19 percent in June. The country's staple foods have been on the increase since December 2023 when it stood at 33.93 percent.
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