Learn How Supply Chain Distributions are Impacted Amid Global Crisis
While global food prices dipped for the fourth consecutive month in July 2022, food inflation has continued to accelerate in Africa’s biggest economy for the fifth straight month. According to the July inflation report published by the National Bureau of Statistics, food inflation rose by 22.02 percent on July, month-on-month, up 2.04 percent from 20.6 percent in June, the highest in 14 months. The invasion of Ukraine by Russia in late February this year has continued to worsen the outlook of already inflated global food prices as the war has disrupted the food supply chain shooting up the prices of food across the globe
TVC News Nigeria
