Nigeria, Aug. 16 -- The average change in the prices of foods and services reduced in July compared to June, the statistics bureau, NBS, has said.

According to the NBS, the Headline Inflation reduced to 11.08 per cent in July from 11.22 per cent in June.

Food Inflation reduced from 13.56 per cent in June to 13.39 per cent in July while the Core Inflation reduced from 8.84 per cent in June to 8.80 per cent in July.

When compared to the 1.36 per cent recorded in June, the food sub-index decreased to 1.26 per cent recorded in July 2019, giving 0.10 per cent points.

"The average annual rate of change of the Food sub-index for the twelve-month period ending July 2019 over the previous twelve-month average was 13.46 13.42 percent, 0.04 perc...