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August 17, 2026 - 3:36 PM

JUST IN: Fresh Relief for Nigerians as Inflation Drops to 15.43% in July

Nigeria’s headline inflation rate declined to 15.43 percent in July 2026, representing a 0.48 percentage-point decrease from the 15.91 percent recorded in June.

Nigeria’s Inflation Rises Again, Hits 15.93% as Food Prices Climb
Image credit: Channels Television

The latest figure was contained in the Consumer Price Index (CPI) report, which also showed a significant decline in the headline inflation rate compared with the 24.94 percent recorded in July 2025.

READ ALSO: JUST IN: DHQ Regains Control of Official X Account After Cyberattack

Despite the drop in the inflation rate, the CPI increased to 145.3 points in July 2026 from 143.0 points in June, representing a 2.2-point increase during the month.

Details later…

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