Inflation in Nigeria has slightly decreased to 15.91% in June 2026 from 15.93% in May 2026, but remains a concern for businesses. Rising food prices, particularly for staples, continue to exert pressure on consumers despite the marginal decline.
Inflation in Nigeria eased to 15.91% in June 2026, down from 15.93% in May 2026, despite rising food prices. The increase in food prices was driven by higher costs of staples such as fresh pepper, tomatoes, and beef.
Nigeria's inflation rate dropped to 15.91% in June 2026, down from 15.93% in May 2026. Food inflation decreased to 17.52% year-on-year, while core inflation stood at 15.92%, reflecting a decline from previous figures.
