Nigeria, March 17 -- Even as underlying pressures persist across key sectors of the economy, the marginal decrease indicates a slowing in the overall rate of price increases.
Inflation has decreased dramatically from the 26.27 percent recorded in February 2025, indicating a remarkable year-on-year improvement.
Although this relieving trend is apparent, recent figures indicate that monthly price pressures are still growing; in February, inflation climbed by just over two percent.
In particular, food prices showed a significant rise, fueled by increases in key items like beans, cassava, and yam flour.
The News Chronicle gathered that rising transportation costs and ongoing security issues keep food supply chains disrupted, thereb...
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