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INFLATION: Manufacturers’ unsold goods up 45.4% to N272bn

INFLATION: Manufacturers’ unsold goods up 45.4% to N272bn

Inventory of unsold finished products in the manufacturing sector shot up significantly by 45.4 percent, Year-on-Year (YoY), in the first half of 2023 (H1’23) to N271.96 billion from N187.08 billion in the corresponding period of 2022 (H1’22) on account of escalating inflationary pressures.

Vanguard Detty December