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Analysts predict 8.7% inflation

Analysts at the Financial Derivatives Company (FDC) Limited predicted inflation rate of 8.7 per cent for July. “Our forecast for Nigeria’s headline inflation in July indicated a 0.37 per cent increase to 8.77 per cent (±0.22%) from June’s 8.4 per cent”, they said in the FDC Economic Bulletin for August.

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