Nigeria’s inflation drops again to 15.43%

Nigerias inflation dropped further to 15.43 percent in July 2026, down from 15.91 percent recorded in June.The National Bureau of Statistics disclosed this in its Consumer Price Index and inflation report released on Monday, August 17.This means the countrys headline inflation rate in July was 15.43 percent.Similarly, food inflation was 5.56 percent on a month-on-month basis.In July 2026, the Headline inflation rate stood at 15.43 percent.On a month-on-month basis, the Headline inflation rate in July 2026 was 1.57%.The Food inflation rate in July 2026 was 5.56 percent on a month-on-month basis, NBS stated on X.Note that the Central Bank of Nigerias Monetary Policy Committee, in July, retained the countrys interest rate at 26.50 percent. The post Nigerias inflation drops again to 15.43% appeared first on Linda Ikeji Blog.