Nigeria’s inflation falls to 15.43% in July as food prices rise

The latest NBS data show a slower increase in overall consumer prices, but food inflation accelerated sharply, with monthly food inflation rising to 5.56 per cent from 3.75 per cent in June.

Nigeria’s headline inflation rate dropped to 15.43% in July 2026, a 0.48 percentage-point decline from June. Get the full details on Nigeria inflation.

Nigeria’s headline inflation rate fell to 15.43% in July from 15.91% in June, NBS disclosed in its Consumer Price Index (CPI) report

Domestic airfares rose 20.7% in July, the biggest July rise on record.