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Nigeria’s headline inflation eased slightly to 15.91% in June 2026, according to data released on Wednesday by the country’s official statistics agency, the National Bureau of Statistics (NBS). The year-on-year figure in June represents a 0.02 percentage points decrease compared with 15.93% recorded in May 2026.

The NBS monthly data shows that the country’s headline inflation rate was 1.66% in June 2026, down from 1.75% in May 2026.

Annualised data shows the urban inflation rate was 16.08% in June. On a month-on-month basis, it was 2.13%. 

The rural inflation rate last month was 15.48% on a year-on-year basis.

The NBS data shows that annualised food inflation in June 2026 was 17.52%. It attributed this to changes in the average prices of products including crayfish, pepper (fresh), tomatoes (fresh), green peas (dried), fresh pepper, yam flour (sold loose), water yam, beef, banana, cassava flour, cow pea, garri, Irish potatoes, and yam tuber. 

Core inflation, which excludes the prices of volatile farm produce and energy, stood at 15.92% in June 2026 on a year-on-year basis. On a month-on-month basis, the core inflation rate was 1.66%, down 0.28 percentage points from the May 2026 figure of 1.94%. 

At the state level, headline inflation was highest in Niger (42.23%), followed by Kogi (41.59%) and Abuja (39.91%). The lowest rates were recorded in Imo (19.47%), Ebonyi (20.79%) and Katsina (21.87%).

On an annual basis, food inflation was highest in Kogi (53.02%), Niger (43.83%), and Benue (40.83%), while Katsina (19.15%), Rivers (23.81%), and Imo (24.60%) recorded the slowest increases.