Tag: Naira Fall Surges Food Inflation to 30.64%
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How Subsidy removal, Naira Fall Surges Food Inflation to 30.64%
Subsidy removal and naira devaluation pushed food inflation to 30.64 per cent in September, worsening inflationary pressures in the country. The prices of food caused the Consumer Price Index to surge to 26.72 per cent in September, the National Bureau of Statistics disclosed on Monday. This showed 0.92 percentage point increase from the 25.80…