igeria’s headline inflation rate However, on a month-on-month basis, period of last year showed a significant rose to 15.93 per cent in May inflation eased to 1.75 per cent in May improvement in inflationary conditions. N 2026, marking a slight increase from 2.13 per cent in April, represent- The May 2026 headline inflation rate of according to the latest Consumer Price The NBS said the development suggested the 26.06 per cent recorded in May 2025. Index (CPI) report released by the National that while consumer prices continued to rise Similarly, the average Consumer Price Bureau of Statistics…
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Nigeria’s Inflation Climbs to 15.93%, Food Prices Still Bite
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the 15.69 per cent recorded in April, ing a decline of 0.39 percentage points. 15.93 per cent was substantially lower than
PM News Correspondent
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