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Nigeria’s inflation rate drops slightly
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate was 15.91 percent in June 2026 — down slightly from 15.93 percent May.
According to TheCable ,the rate marks the first drop in three months.
In its consumer price index (CPI) report on Wednesday, the NBS said the June 2026 “headline inflation rate showed a decrease of 0.02% compared to the May 2026 headline inflation rate”.
“On a month-on-month basis, the headline inflation rate in June 2026 was 1.66%, which was 0.09% lower than the rate recorded in May 2026 (1.75%),” NBS said.
“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.”
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