Declining headline inflation yet to ease food prices – Economist

An economist, Ephraim Audu, says rising food inflation is deepening pressure on Nigerian households, in spite of the decline in headline inflation to 15.43 per cent in July.

Audu, who is also the President of Agricultural Agenda Nigeria Initiative (AANI), said this in an interview with the News Agency of Nigeria (NAN)in Abuja on Sunday.

The National Bureau of Statistics (NBS) had recently…