Nigeria’s headline inflation rate fell to 14.63 per cent in September 2026 from 15.39 per cent in August, according to the National Bureau of Statistics.
The bureau released the figures in its September Consumer Price Index report on Thursday. The annual rate was also below the 20.98 per cent recorded in September 2025.
Month-on-month inflation slowed to 0.06 per cent in September from 0.71 per cent in August. The NBS said this meant the average price level increased more slowly than in the previous month.
Food inflation stood at 19.59 per cent year-on-year in September. Punch reported that the corresponding rate in September 2025 was 20.16 per cent.
Sources: Punch, Vanguard
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