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Inflation to decline to 15.6% in 2026 – Report

Nigeria’s annual-average inflation is projected to decline to 15.6% in 2026 from 23% in 2025, according to a new report by the IMF. Read More: https://punchng.com/inflation-to-decline-to-15-6-in-2026-report/

Inflation to decline to 15.6% in 2026 – Report

Nigeria's annual-average inflation is expected to decline to 15.6% in 2026, according to the International Monetary Fund's latest assessment. This represents a significant reduction from the 23.0% average inflation rate in 2025. Key macro stabilization measures, such as increased exchange rate stability and growing domestic refining capacity, are credited with moderating domestic price pressures.

However, risks such as higher energy and fertiliser costs, as well as election-related spending, could slow the pace of disinflation. Despite this, the IMF expects Nigeria's GDP to grow by 4.2% in 2026 and 4.3% in 2027, driven by foreign exchange reforms and a strong non-oil sector.

Written by urgent.news from Punch's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at punchng.com →

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