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June inflation eases slightly as food prices complicate MPC decision

June inflation eases slightly as food prices complicate MPC decision

By GhanaSummary NewsroomNigeria

July inflation may ease slightly if the energy-price relief continues, but the upside risk remains food inflation, especially as food prices rose faster month-on-month in June despite the moderation in headline inflation.5 per cent year-on-year, while month-on-month food inflation rose to 3.

This indicates that food prices rose faster in June than in May, despite a slight moderation in headline inflation.

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