In the November Food News, PricePally addresses the pressing issue of food inflation in Nigeria and provides practical tips to help you manage costs during the festive season and into 2024. Food prices have soared, with tomatoes and bread becoming as valuable as gold. For example, bread prices rose by 52.69% over the past year, and tomato prices jumped 19.48% from September to October 2023. Experts predict that food inflation will continue to rise, potentially reaching 30% by December.
Vestance Head of Advisory and Research, Fatai Razaq highlighted key strategies for consumers to deal with food inflation and necessary action for the government to turn around the tides. Click here to read the full story.
