🔥 Trending Nigeria's Inflation Rate Drops Slightly in June 2026

Nigeria's headline inflation rate in June 2026 was 15.91% ¹²³. This figure represents a slight decrease from the 15.93% recorded in May 2026 ¹⁴⁶.

Key Details of Nigeria's Inflation in June 2026

• Headline Inflation Rate: The National Bureau of Statistics (NBS) reported the headline inflation rate as 15.91% on a year-on-year basis for June 2026 ⁵⁸.
• Comparison to Previous Month: This marks a marginal easing from the 15.93% observed in May 2026 ¹³⁶. This slight decline is the first drop in three months ².
• Comparison to Previous Year: In June 2025, the headline inflation rate stood significantly higher at 25.29% ⁵⁸.
• Underlying Trends: While the overall inflation rate has eased, price pressures remain broadly stable ¹. Households continue to face challenges, particularly with food prices ³.
• Food Inflation: Food inflation, a major driver of overall price pressures in Nigeria, also saw a decline. It eased to 16.96% in May 2026, down from 24.55% in May 2025 ⁷. Month-on-month food inflation slowed to 2.98% from 3.63% in April ⁷.