Nigeria’s inflation is expected to drop for the third straight month paving way for an easing cycle after policymakers raised rates to anchor prices in 2024.
According to eight analysts polled by BusinessDay, headline inflation for March is projected to remain relatively stable supported by base effects, the recent reweighting of the consumer price index and lowering food and petrol prices.
There are downward pressures in inflation given the base effect, US dollar effect and general stability in food prices seen this year, according to Sa
