Nigeria's inflation eases to 15.91% in June amid rising food prices - NBS
Nigeria, July 15 -- The National Bureau of Statistics (NBS) says Nigeria's headline inflation rate eased slightly to 15.91 per cent in June, down from 15.93 per cent recorded in May, offering a modest sign of slowing price pressures even as food prices continued to rise.
The bureau disclosed this in its latest Consumer Price Index (CPI) report released on Wednesday.
According to the report, the headline inflation rate was significantly lower than the 25.29 per cent recorded in June 2025, representing a year-on-year decline. Compared with May, the inflation rate fell by 0.02 percentage points.
Similarly, on a month-on-month basis, headline inflation slowed to 1.66 per cent in June from 1.75 per cent in May, indicating that the average p...
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