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BREAKING: Nigeria’s Inflation Rate Falls

Nigeria’s headline inflation rate declined to 14.63 per cent in September 2026 from 15.39 per cent in August, marking the third consecutive monthly drop since June.

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The National Bureau of Statistics (NBS) disclosed this in its Consumer Price Index report for September 2026.

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According to the bureau, the September figure was 6.35 percentage points lower than the 20.98 per cent recorded in September 2025.

On a month-on-month basis, headline inflation fell to 0.06 per cent in September from 0.71 per cent in August, indicating that average prices increased at a slower rate during the month.

The report also showed a decline in food inflation to 19.57 per cent in September from 19.59 per cent in August.

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