Just In: Inflation rate eases to 15.39% in August – NBS
by Adenle Ahmed Abiola · The Eagle OnlineNigeria’s headline inflation rate eased slightly to 15.39% in August 2026, down from 15.43% recorded in July.
This reveals a modest drop of 0.04 percentage points year-on-year, signaling that while costs remain high, the speed at which prices are jumping is continuing to lose steam.
The National Bureau of Statistics (NBS) disclosed this Tuesday in its Consumer Price Index (CPI) report for August 2026.
NBS said: “In August 2026, the Headline inflation rate stood at 15.39%, down from 15.43% in July 2026 and stood at 23.14% in the same month of the preceding year (August 2025).
“Looking at the movement, the August 2026 Headline inflation rate showed a decrease of 0.04% compared to the July 2026 Headline inflation rate.
“On a month-on-month basis, the Headline inflation rate in August 2026 was 0.71%, which was 0.86% lower than the rate recorded in July 2026 (1.57%).
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“This means that in August 2026, the rate of increase in the average price level was lower than the rate of increase in the average price level in July 2026.”
Details later…
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