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Insecurity and floods threaten Nigeria’s disinflation trend

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  • Inflation seen easing to 23.15% in May, but food price risks persist
  • Analysts warn insecurity, climate shocks could derail monetary outlook

Lagos, Nigeria – Nigeria’s inflation rate is expected to continue easing in May, but analysts warn that flooding and armed conflict in key food-producing regions could reverse gains by fuelling renewed food price pressure in the months ahead.

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