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Nigeria: What Is It About Rising Prices?

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[Premium Times] With headline inflation at 15.75 per cent year on year in December, ought I to worry about the trajectory of domestic prices ― the headline gauge has risen every month since September 2019? Not if government's spinmeisters are to be believed. Two claims work out here. First, is that "structural legacy" issues were at the heart of the price trend last year. In other words that the freeing of petrol and electricity prices, amongst others, led to a one-off boost to general prices last year. Accordingly, onc

Source: allAfrica.com

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