Inflation eases to 15.43% amid food price surge

Inflation eases to 15.43% amid food price surge

Nigeria’s headline inflation dipped to 15.43% in July 2026, down from 15.91% in June. However, food inflation surged month-on-month to 5.56%, driven by rising costs for items like crayfish and onions. This marks a concerning trend for household welfare despite a slower overall price increase.

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