{
  "id": 7572197,
  "title": "Inflation eases to 15.39% as food prices slow — NBS",
  "url": "https://urgent.news/2026/09/15/inflation-eases-to-15-39-as-food-prices-slow-nbs",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-15T15:06:04.000Z",
  "source": {
    "name": "Punch Nigeria",
    "slug": "punch-nigeria",
    "url": "https://punchng.com/inflation-eases-to-15-39-as-food-prices-slow-nbs-sami-tunji-abuja-nigerias-headline-inflation-rate-eased-marginally-to-15-39-per-cent-in-august-2026-as-the-pace-of-increase-in-f/"
  },
  "original_language": "en",
  "account": "Nigeria's headline inflation rate decreased slightly to 15.39 percent in August 2026, according to the National Bureau of Statistics. This was a small reduction from 15.43 percent recorded in July and a significant decrease from 23.14 percent in August 2025. The Consumer Price Index, which tracks changes in prices of goods and services consumed by households, rose to 146.3 points in August from 145.3 points in July. On a month-to-month basis, inflation slowed to 0.71 percent in August from 1.57 percent in July. Food prices accounted for the largest share of annual inflation at 6.16 percentage points, followed by restaurants and accommodation services at 1.99 percentage points. Transport and housing, water, electricity, gas, and other fuels contributed 1.64 and 1.30 percentage points respectively. Food inflation, at 19.57 percent year-on-year, slowed sharply on a monthly basis to 1.02 percent from 5.56 percent in July. The NBS attributed this moderation to changes in prices of various food items. Core inflation, which excludes volatile agricultural produce and energy prices, also moderated to 13.29 percent year-on-year from 22.93 percent in August 2025 and turned negative on a monthly basis at -0.06 percent. However, inflationary pressures varied across regions, with urban areas experiencing higher rates than rural areas. Lagos had the highest headline inflation rate at 23.68 percent, while Sokoto recorded the lowest at 2.11 percent.",
  "summary": "Nigeria’s headline inflation rate eased marginally to 15.39 per cent in August 2026, as the pace of increase in food prices slowed significantly during the month, according to the National Bureau of Statistics. The NBS disclosed this in its Consumer Price Index report for August 2026 released on Monday. The latest figure represents a 0.04 Read More:…",
  "key_points": [
    "Nigeria's headline inflation rate eased to 15.39% in August 2026",
    "Food prices contributed 6.16 percentage points to annual inflation",
    "Core inflation turned negative on a monthly basis at -0.06%"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Punch",
        "title": "Inflation eases to 15.39% as food prices slow — NBS",
        "url": "https://urgent.news/2026/09/15/inflation-eases-to-15-39-as-food-prices-slow-nbs-7574290",
        "published": "2026-09-15T15:16:04.000Z"
      },
      {
        "outlet": "Daily Post Nigeria",
        "title": "Nigeria’s inflation falls to 15.39% as food inflation slows – NBS",
        "url": "https://urgent.news/2026/09/15/nigerias-inflation-falls-to-15-39-as-food-inflation-slows-nbs",
        "published": "2026-09-15T16:03:24.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}