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Nigeria inflation falls to new 5-year low of 7.8 pct

Nigeria consumer inflation fell to a fresh 5-year low of 7.8 percent in October, the statistics bureau said on Wednesday, driven by falling food prices as harvesting begins in Africa's most populous nation. Food inflation fell to 9.2 percent last month, down marginally from 9.4 percent in the previous month, the National Bureau of Statistics (NBS) said. "Food prices continued to trend lower for ...
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Added November 14, 2013
from Yahoo Nigerian News