Abuja, July 15, 2025 Nigeria’s headline inflation has dropped to 15.91% in June from 15.93% recorded in May 2026.
The June 2026 inflation rate is far lower than the 25.29% recorded in corresponding period in 2025
The National Bureau of Statistics (NBS) disclosed this in its latest edition of the Consumer Price Index and Inflation Report released on Wednesday.
According to the report, month-on-month headline inflation rate in June 2026 was 1.66%, lower than the 1.75% inflation rate recorded in May 2026
“This means that in June 2026, the rate of increase in the average price level was lower than the rate of increase in the average price level in May 2026,” the NBS said
The NBS reported that the food inflation rate in June 2026 was 3.75%, up by 0.77% points from May 2026 (2.98%).
It attributed this to the rate of change in the average prices of crayfish, pepper (fresh), tomatoes (fresh), green peas (dried), fresh pepper, yam flour (sold loose), water yam, beef, banana, cassava flour, cow pea, garri, Irish potatoes, yam tuber, among others.
The food inflation, however, dropped to 17.52% on a year-on-year basis, lower than 25.41% recorded in June 2025.
