Nigeria’s headline inflation rate eased marginally to 15.91 per cent in June 2026, down from 15.93 per cent in May.

This is according to the latest Consumer Price Index report.

The figure also marked a sharp decline from 25.29 per cent recorded in June 2025, indicating a sustained slowdown in headline inflation on a year-on-year basis.

On a month-on-month basis, headline inflation slowed to 1.66 per cent in June, from 1.75 per cent in May, indicating that the pace of overall price increases eased compared to the previous month.

Food inflation, however, remained under pressure. On a year-on-year basis, it rose to 17.52 per cent in June, while monthly food inflation accelerated to 3.75 per cent, up from 2.98 per cent in May, pointing to renewed increases in food prices despite the moderation in overall inflation.

Details later…