Despite moderate inflation decline, no respite yet for manufacturing

Despite moderate inflation decline, no respite yet for manufacturing

Despite further moderation in the nation’s headline inflation rate to 15.43 percent, in August 2026, from 15.39 percent in July, same year, respite seems not yet in sight  for the manufacturing

Manufacturers Seek Cost-Cutting Measures as August Inflation Falls Marginally to 15.39%

The Manufacturers Association of Nigeria (MAN) has called for targeted measures to reduce production costs after Nigeria’s headline inflation rate moderated marginally to 15.39 per cent in August 2026. The August figure represents a 0.04 percentage-point decline from 15.43 per cent recorded in July, continuing the recent downward movement in headline inflation. However, MAN said the marginal moderation should not be interpreted as a broad-based …