Latest Breaking News On - தேர்ந்தெடுக்கப்பட்டது உணவு ப்ரைஸ் வாட்ச் - Page 1 : vimarsana.com

Notably, March 2021 inflation rate of 18.17% is at the highest since February 2017. As has been acknowledged by the Central Bank of Nigeria in its Q4-2020 economic report, a major driver of Nigeria’s current inflation is food price inflation which was 22.95% (March 2021). This is the highest level of food price inflation over the past fifteen years. Prior to 2021, the last time food price inflation was over 20% was in July 2008 (20.9%) and prior to that was in October 2005 (24.6%). So, 2021 food price inflation trends are in rarefied territory. The Nigeria Bureau of Statistics (NBS) publishes a Selected Food Price Watch report, which gives additional context to how prices of some food items are changing. Interestingly, popular food items such as Garri, Maize, Rice, Vegetable Oil, Beans are showing significant YoY price increases of more than 20%.

Pascal nkwodimmahUdegbunam dumebiAjibola akamoNigeria bureau of statisticsCentral bankVegetable oilNigeria bureauSelected food price watchMutual fundsFixed income traderFinance managerOpera nigeriaCryptocurrency expertInvestment analystநைஜீரியா பணியகம் ஆஃப் புள்ளிவிவரங்கள்மைய வங்கி