Nigeria’s headline inflation rate falls again in July 2026, reaching 15.43%, according to Nigeria’s National Bureau of Statistics (NBS). The rate is down from 15.91% in June, a decline of 0.48 percentage points.
The outlets report the figures are based on the NBS Consumer Price Index (CPI) and inflation report released on Monday. While all sources agree on the headline inflation drop, they emphasize different components. One outlet notes food inflation at 5.56%, while another reports food inflation rising to 20.31%, reflecting variation in how sub-indices are presented or reported within the CPI framework. Despite this discrepancy, the common point across coverage is that inflation eases month-on-month in the latest CPI release.
