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Nigeria Sees First Month-on-Month Food Deflation in 13 Years

Nigeria Sees First Month-on-Month Food Deflation in 13 Years

Nigeria recorded rare relief at the market as food prices fell month-on-month for the first time in over 13 years. The decline follows weeks of softer transport costs in some corridors, increased harvest arrivals, and tactical price cuts by retailers trying to drive volume.  For many households…

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