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 International Monetary Fund. Read More: https://punchng.com/inflation-to-decline-to-15-6-in-2026-report-2/
Nigeria's annual average inflation is expected to fall to 15.6% in 2026, according to the International Monetary Fund's latest economic assessment. This marks a significant deceleration from the 23.0% average inflation recorded in 2025. Key macro stabilisation measures, such as increased exchange rate stability and growing domestic refining capacity, are helping to moderate persistent domestic price pressures across supply chains.
However, higher energy and fertiliser costs, along with election-related spending, may slow the pace of disinflation. Despite this promising trend, persistent risks could still impact businesses and consumers. Looking ahead, the IMF projects Nigeria's GDP to grow by 4.2% in 2026 and 4.3% in 2027, driven by foreign exchange reforms and strong performance in the non-oil sector.
Analysts from Coronation Research and Coronation Asset Management broadly support these projections, highlighting the foundation for steady, long-term price moderation provided by ongoing economic policy reforms and expanded refining operations.
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