By Kazeem Ugbodaga
Nigeria’s headline inflation rate eased further in June 2026, declining to 15.91 per cent from 15.93 per cent recorded in May, signalling a continued slowdown in the pace of rising consumer prices across the country.
The latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) showed that the inflation rate also fell sharply compared to the 25.29 per cent recorded in June 2025, reflecting a significant moderation in inflationary pressures over the past year.
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According to the NBS, the June figure represents a 0.02 percentage point decline from the previous month, while the month-on-month inflation rate also slowed to 1.66 per cent, down from 1.75 per cent in May.
The bureau said the latest figures indicate that although prices of goods and services continued to increase, they did so at a slower pace than in the preceding month.
The report further
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