DistantNews
Support us

Nigeria Inflation Eases

Nigeria ๐Ÿ‡ณ๐Ÿ‡ฌ Economy & Trade

4 articles from 1 country

Nigeria's headline inflation rate slightly decreased to 15.91% in June 2026, down from 15.93% in May. Despite this overall moderation, food prices continue to rise, contributing to persistent inflation concerns.

๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria/English NEW

Food inflation still rising despite drop in headline rate

- Nigeria's headline inflation rate slightly decreased to 15.91 percent in June 2026, down from 15.93 percent in May. - Despite the overall slowdown, food inflation increased to 17.52 percent year-on-year in June, driven by rising prices of essential food items. - The National Bureau of Statistics report highlights regional variations in food inflation, with Kogi, Niger, and Benue experiencing theโ€ฆ