From NEXT:

Nigeria’s consumer inflation eased to 10.3 percent year-on-year in June from 11.0 percent the previous month, its lowest level for more than two years, the National Bureau of Statistics said on Friday.

Growth in food prices, which form the bulk of the inflation index basket in Africa’s most populous country, also eased, to 12.0 percent year-on-year from 12.3 percent in May.

The growth in consumer prices, is the lowest monthly year-on-year increase since May 2008, when it rose to 9.7 percent, according to figures from the statistics office.

This is with the benchmark interest rate at 6%. Which is really low by Nigerian standards. In any case, I wonder how reliable the data is.

Bars of soap, lipstick and pitta bread are out; hair straighteners, garlic bread and Blu-ray disc players are in. The latest shake-up of the shopping “basket” used to measure UK inflation shines a light on Britain’s changing spending habits.

Check the article here.

Anybody knows of any contemporary anthropological studies of changes in consumption/spending habits?