Nigeria’s headline inflation eased for the second consecutive month by 125bps to 32.15 percent y/y (July: 33.40% y/y). On a month-on-month basis, headline inflation slowed by 6bps to 2.22% (July: 2.28% m/m). Food inflation moderated by 201bps to 37.52 percent y/y (July: 39.53% y/y). The slowdown can be attributed to the decline in the rate […]

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