Nigeria’s headline inflation rate declined slightly to 15.91 per cent in June 2026, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS).
The new figure represents a marginal drop from 15.93 per cent recorded in May 2026, making it the first monthly decline in the country’s headline inflation rate in three months.
NBS reports slower monthly price growth
In its latest CPI report released on Wednesday, the NBS said the June inflation rate decreased by 0.02 percentage points compared with the previous month.
The bureau also reported that the month-on-month inflation rate stood at 1.66 per cent in June, lower than the 1.75 per cent recorded in May.
According to the statistics agency, this represents a 0.09 percentage-point decline in monthly price growth.
Fresh data offers insight into price trends
The latest inflation figures provide a fresh snapshot of consumer prices across the country and will be closely monitored by policymakers, businesses and investors for signs of broader economic trends.
Further details are expected as more information becomes available from the National Bureau of Statistics.