Nigeria: Rising Food Prices Persist Despite Inflation Easing to 15.43%'

Nigeria: Rising Food Prices Persist Despite Inflation Easing to 15.43%'

Food prices rose sharply for the sixth consecutive month in July, putting renewed pressure on households despite a further easing of Nigeria's headline inflation to 15.43 per cent.

Nigeria’s inflation falls to 15.43% in July as food prices rise

The latest NBS data show a slower increase in overall consumer prices, but food inflation accelerated sharply, with monthly food inflation rising to 5.56 per cent from 3.75 per cent in June. The post Nigeria’s inflation falls to 15.43% in July as food prices rise appeared first on Premium Times Nigeria.

Nigeria: Why food prices, cost of living keep rising despite inflation drop – Economists

Economists and financial analysts have explained why food prices and the cost of living continue to rise despite Nigeria recording a second consecutive decline in headline inflation in July 2026. DAILY POST reports that Nigeria’s headline inflation declined for the second consecutive month to 15.43 percent in July from 15.91 percent in June, according to […] Nigeria: Why food prices, cost of living keep rising despite inflation drop – Economists

Good news, bad news as Nigeria’s inflation drops to 15.43% but food prices jump to 20.31%

GistReel Nigeria’s headline inflation rate has dropped to 15.43 per cent, offering some relief to households and businesses even as rising food prices continue to put pressure on consumers. The latest Consumer Price Index released by the National Bureau of Statistics (NBS) showed that inflation fell by 48 basis points from 15.91 per cent in June to 15.43 per cent in July 2026. The decline suggests that the pace at which prices are rising is slow…

Inflation falls, but food prices keep rising — Economists explain why

Nigeria’s headline inflation rate fell for the second consecutive month in July 2026, dropping to 15.43 percent from 15.91 percent in June. But rather than bringing immediate relief to households, the latest figures have exposed a growing disconnect between the headline inflation trend and the daily reality of millions of Nigerians. The decline was contained in the latest Consumer Price Index (CPI) report released by the National Bureau of Stati…

Nigeria Inflation Falls To 15.43%, Food Prices Rise

Nigeria’s headline inflation rate has dropped to 15.43 per cent in July 2026, from 15.91 per cent in June, according to the latest data released by the National Bureau of Statistics (NBS). In its Consumer Price Index report released on Monday, the NBS said the July inflation rate fell by 0.48 percentage points from June. On a month-on-month basis, headline inflation also slowed to 1.57 per cent in July from 1.66 per cent in June. The Bureau said…