Nigeria’s headline inflation rate declined further to 15.43 percent in July 2026, marking another month of easing price pressures across the country.
The latest figures were released on Monday by the National Bureau of Statistics (NBS) in its Consumer Price Index (CPI) and Inflation Report.
According to the report, the headline inflation rate dropped from 15.91 percent recorded in June to 15.43 percent in July, indicating a continued slowdown in the pace of rising consumer prices.
The NBS also reported that food inflation stood at 5.56 percent on a month-on-month basis during the review period.
The bureau stated: “In July 2026, the Headline inflation rate stood at 15.43 percent.
“On a month-on-month basis, the Headline inflation rate in July 2026 was 1.57%.
“The Food inflation rate in July 2026 was 5.56 percent on a month-on-month basis.”
The latest data suggests a further moderation in inflation, with both headline and food price increases slowing compared to previous months.
