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Inflation: Why oil prices decline may not ease Nigerians’ hardship – Experts

Inflation: Why oil prices decline may not ease Nigerians’ hardship – Experts

News

Nigeria’s inflation rate may remain stubbornly high in the coming months even if global oil prices begin to decline, as structural rigidities, exchange rate pressures, and what economists describe as “price stickiness” continue to limit the speed at which costs adjust downward across the economy.

The post Inflation: Why oil prices decline may not ease Nigerians’ hardship – Experts appeared first on Nairametrics.

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