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Breaking NewsFeaturedHot NewsNigerian economyTrending News

Nigeria’s annual inflation rises to 17.1 percent in July, food prices almost triple

9News Nigeria
Last updated: August 31, 2016 1:53 pm
By 9News Nigeria
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Tomatoes are displayed in baskets for sale at a local food market in Lagos December 16, 2013. REUTERS/Akintunde Akinleye
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LAGOS (Reuters) – Nigeria’s annual inflation rose to 17.1 percent in July from 16.5 percent in June, the country’s statistics office said.

Food inflation rose to 15.8 percent in July from 15.3 percent the previous month, the office added.

(Reporting by Chijioke Ohuocha; Editing by Toby Chopra)

 

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By9News Nigeria
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9News Nigeria is Nigeria's favourite news source. For Authentic, Unbiased News on Politics, Business, Sports, Technology, Entertainment and Lifestyles, Health, Nollywood, Crime and Investigations, Family and Relationships, Inspirations .. and much more. For Latest News from Africa and around the world, 9News Nigeria is your best source. WhatsApp +2348115805632 Email: [email protected] Facebook: www.facebook.com/9NewsNG | Twitter/Instagram: @9newsng
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