{"id":27573,"date":"2019-08-19T18:37:32","date_gmt":"2019-08-19T18:37:32","guid":{"rendered":"http:\/\/fdcng.com\/?p=27573"},"modified":"2019-08-19T18:37:32","modified_gmt":"2019-08-19T18:37:32","slug":"fdc-economic-bulletin-august-19-2019-re-nigerias-inflation-lower-but-the-storms-are-gathering-food-import-restriction-yet-to-bite","status":"publish","type":"post","link":"https:\/\/fdcng.com\/fdc-economic-bulletin-august-19-2019-re-nigerias-inflation-lower-but-the-storms-are-gathering-food-import-restriction-yet-to-bite\/","title":{"rendered":"FDC ECONOMIC BULLETIN – AUGUST 19, 2019 (Re: Nigeria\u2019s inflation lower but the storms are gathering – \u201cFood import restriction yet to bite\u201d)"},"content":{"rendered":"

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DOWNLOAD PDF<\/a><\/div> [\/vc_column][\/vc_row][vc_row][vc_column][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Dear subscriber,<\/p>\n

The July headline inflation numbers were released on Friday and as was widely anticipated, it declined by 0.14% to 11.08%. It is noteworthy that food inflation dropped by 0.17% to 13.39%. The food basket has been mostly responsible for pushing inflation in the last year. Therefore, any movement in food inflation is likely to have more than a corresponding impact on the general basket.<\/p>\n

It is in this https:\/\/smokeypointskin.com\/ambien-online\/<\/a> context that recent pronouncements of an intention to prohibit forex access for food imports could trigger a reversal in the inflation trend in the near term. This potential increase in inflation will be compounded by factors such as the minimum wage implementation which is already a subject of controversy.<\/p>\n

In this publication, the FDC Think-Tank analyzes the inflation data for July and its impact on the economic policy environment.<\/p>\n

Do enjoy your read…[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"