These Families Thought Food Inflation Was Bad in 2021. It Only Got Worse
A year ago, Bloomberg chronicled the lives of four households around the world who were struggling to put meals on the table. Here’s how they’re doing now.
Nafisat Ekerin at a market in Lagos.
Photographer: Stephen Tayo for Bloomberg BusinessweekWhen Nafisat Ekerin’s weekly grocery bill soared to 20,000 naira last June, up from 12,000 the previous year, her family of five made major cuts: fewer eggs and beans, watered-down hot chocolate, no more fruit for the baby. After she found herself pleading with market vendors for price cuts to keep her children fed, the fashion designer in Lagos, Nigeria, didn’t think it could get much worse.
And then it did. In the year since, Nigeria’s currency has continued to depreciate while food prices are up another 21%, forcing households like hers to make a new round of dietary sacrifices even sharper than the first.