Camphor Price Soars: Exploring the Impact of Inflation on Everyday Commodities

Every day, we get news updates about finance and different business strategies going on around the world, and the best thing I think works is getting a better business strategy to use in our daily activities to enable us to get a better result in our day-to-day lives. Sometimes this news guides us and lets us know how the daily activities in the business line will be for that day.

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This, apart from motivating us to start a new day in our business line, also gives us motivation when we see how the business trend has been going. This is part of what has propelled me to create this post today. And I'll be talking about some simple stuff that I bought from the market.

What is this thing I'm talking about? It is called camphor. Why did I decide to write about this stuff? Initially, this is the least of the things that I believe could have gotten inflated and affected by inflation. I've been having some issues with some little insects disturbing me, and I find it so hard to get a surround where I stay, so I decided to go to the market to get one since I really needed it.

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After trying some mini markets around, I couldn't get it, and I had to send a request to a friend to get it for me from the market.
I'm getting to the market. I got a message from my friend saying that the price of what I want has been inflated, and I wondered how inflation has really affected the price of camphor.

Initially, this was the least of the things you could find hard to get in the market, but now that things are not the way they are now, market and finance have now become something I really don't understand these days because inflation as a thing has really gotten into the business scheme of the country, and the least thing you could get in the market has also been affected by inflation, which is now giving rise to the price of commodities.

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After the camphor was gotten by my friend, he told me the price at which he got it, which was about a dollar, and this was converted to Nigerian naira I'm sure you know the amount it is now. The price of this substance back then was so low that you could wake up and just dip your hand into your purse and buy it at any time when you needed it. At first, I was doubting the price because it was sold for a very low price.

I finally got some camphor, which will be very useful for me in different ways and I know will last me for some time before I will need another one, and I hope by then, the price might have been reduced because nobody can cope with inflation and the rise of goods and commodities even the slightest bit. Nothing like having the ability to get what you need at a particular time and as when you are with a little amount of price.

Posted Using LeoFinance Alpha