JUST IN: Nigeria’s headline inflation falls to 15.43% in July
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. Read More: https://punchng.com/just-in-nigerias-headline-inflation-falls-to-15-43-in-july/
Nigeria's headline inflation rate fell to 15.43 percent in July 2026, a 0.48 percentage point decrease from 15.91 percent in June. This marked a sharp 9.51 percentage point reduction year-on-year from July 2025's 24.94 percent. The Consumer Price Index increased to 145.3 points in July, up from 143.0 points in June, reflecting changes in the average prices of goods and services bought by consumers.
The NBS explained that the inflation rate measures the speed of these price increases. In July 2026, the inflation rate fell by 0.48 percent compared to June 2026, while the month-on-month rate was 1.57 percent, 0.09 percentage points lower than June's 1.66 percent. This indicates that while prices continued to rise, the pace of increases moderated in July, moderating both the annual inflation rate and the monthly price increase pace.
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