Nigeria set to release inflation report for July
Nigeria will release its inflation figure for July 2026 this Monday. DAILY POST reports that the National Bureau of Statistics, NBS, will announce its Consumer Price Index, CPI and inflation report for July. The Central Bank of Nigeria’s, CBN Inflation Expectation Survey, released recently, showed that the Inflation Perception Index stood at 40 points in […] Nigeria set to release inflation…
Nigeria is scheduled to release its inflation report for July 2026 on Monday, according to the DAILY POST. The National Bureau of Statistics, NBS, will unveil its Consumer Price Index (CPI) and inflation data for the month. The Central Bank of Nigeria's (CBN) latest Inflation Expectation Survey revealed that the Inflation Perception Index was 40 points in July. This figure suggests that individuals generally viewed current prices of goods and services as high.
The CBN survey emphasized that the Inflation Perception Index was recorded at 40.0 points in July 2026. This indicates that respondents generally perceived current prices of goods and services to be high. Nigeria's headline inflation dropped to 15.91 percent in June, while food inflation was reported at 17.52 percent, as per an NBS report.
Major contributors to inflation in Nigeria include energy prices like petrol, cooking gas, diesel, and electricity, alongside the exchange rate, interest rates, transportation costs, and insecurity.
Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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