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How these African Countries Beat Inflation

High food inflation causes tremendous problems for individuals, communities, and nations as a whole, particularly in Africa, given its status as a developing country. Vice versa, low food costs allow an economy to run more smoothly given that people’s disposable income is not spent entirely on the most basic commodity. While numerous African countries struggle with food inflation, there are some with good to excellent inflation figures. Addressing these issues is the key to Africa alleviating its food crises. With that said, here are the 10 African countries with the lowest food inflation according to the Food Security Update. Majority of these countries have negative digit food inflation figures, which while they could denote cheaper food prices also come with their own nuanced economic connotations.

BUSINESS INSIDER

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