ABUJA, Nigeria – Nigeria inflation eased marginally to 15.91 per cent in June 2026, ending three consecutive months of increases, but rising food prices continue to strain household budgets across the country, according to the National Bureau of Statistics (NBS).
The NBS discloses the figures in its June 2026 Consumer Price Index (CPI) report released on Wednesday.
According to the report, the Nigeria inflation rate falls from 15.93 per cent recorded in May, while the Consumer Price Index rises from 140.7 to 143.0, reflecting a 2.3-point increase in the average price level.
On a month-on-month basis, headline inflation slows to 1.66 per cent from 1.75 per cent in May, indicating that prices continue to rise but at a slower pace.
Despite the slight moderation in headline inflation, food inflation records another increase.
The report shows annual food inflation at 17.52 per cent, while month-on-month food inflation rises to 3.75 per cent from 2.98 per cent in May.
The bureau attributes the increase to higher prices of fresh pepper, tomatoes, crayfish, beef, garri, yam tubers, cassava flour, cowpea, bananas, Irish potatoes and water yam.
Food and non-alcoholic beverages remain the largest contributors to headline inflation, accounting for 6.37 percentage points.
Restaurants and accommodation services contribute 2.06 percentage points, transport accounts for 1.70 percentage points, while housing, water, electricity, gas and other fuels add 1.34 percentage points.
Education and health services contribute 0.99 and 0.96 percentage points respectively.
Core inflation, which excludes volatile agricultural produce and energy prices, declines to 15.92 per cent year-on-year and slows to 1.66 per cent on a monthly basis.
The report also shows the average annual headline inflation rate for the 12 months ending June 2026 falls to 17.63 per cent from 29.82 per cent in the corresponding period of 2025.
State-by-state data indicate that Niger records the highest annual inflation rate at 42.23 per cent, followed by Kogi at 41.59 per cent and the Federal Capital Territory at 39.91 per cent.
Imo, Ebonyi and Katsina record the lowest annual inflation rates.
For food inflation, Kogi posts the highest rate at 53.02 per cent, ahead of Niger and Benue.
The latest figures suggest that although overall Nigeria inflation is easing, persistent food price increases remain a major challenge for millions of households.
