# Nigeria inflation eases to 15.43% amid rising food costs > Live situation record from CLSTR: https://clstr.news/situations/nigeria-regional-inflation-over-30 > Updated: 2026-09-09T00:00:00.000Z. Sources: 31. Developments: 5. In July 2026, Nigeria’s headline inflation rate declined to 15.43%, a 0.48 percentage-point decrease from the 15.91% recorded in June. This represents a significant year-on-year decrease from the 24.94% recorded in July 2025, driven by lower core and energy pressures. Core inflation fell to 14.97% year-on-year, marking its lowest level since January 2025. Despite the national decline, significant regional disparities persist. Adamawa State recorded the highest headline inflation at 33.03% and the highest food inflation at 51.36%, while Nasarawa State recorded the lowest headline inflation at 7.86%. Food prices remain a primary driver of volatility. Year-on-year food inflation reached 20.31%—a new 11-month high—while month-on-month food inflation rose to 5.56% in July. This surge was driven by rising costs for staples such as rice, beef, eggs, water yam, and plantain. The combined impact of food, transport, housing, and restaurant services accounts for approximately 72% of the headline rate. The disparity between cooling headline figures and rising food costs is forcing many households to reduce consumption of essential proteins, including fish, eggs, milk, and beef. This shift in dietary habits poses nutritional risks, particularly for children. Additionally, producers like poultry farmers are facing high production costs alongside weakening consumer demand. While the Central Bank of Nigeria has maintained its benchmark interest rate at 26.50%, the decline in headline inflation has not yet translated into relief for the average citizen due to sustained costs for food, rent, transport, and electricity. ## Claims - Nigeria’s headline inflation rate fell to 15.43% in July 2026 from 15.91% in June. (corroborated by 12 sources) - Nigeria’s month-on-month food inflation rose to 5.56% in July from 3.75% in June. (corroborated by 7 sources) - Nigeria’s year-on-year food inflation stood at 20.31% in July. (corroborated by 7 sources) - Nigeria’s core inflation fell to 14.97% year-on-year in July. (corroborated by 4 sources) - South Africa’s annual headline inflation fell to 4.3% in July from 5.0% in June. (corroborated by 4 sources) - South Africa’s food and non-alcoholic beverage inflation dropped to 0.9% in July. (corroborated by 3 sources) - Pakistan's August 2026 inflation is expected to be between 10.75% and 11.25%. (single source) - Annual inflation in Bhutan rose to 6.83% in July 2026. (single source) ## Timeline ### 2026-09-09: Nigeria food inflation rises despite decline in headline inflation Despite a decline in Nigeria's headline inflation, food inflation has risen to 20.31 per cent, forcing families to cut protein consumption to manage the high cost of living. 3 sources. https://clstr.news/cluster/nigeria-food-inflation-rises-despite-decline-in-headline-inflation ### 2026-08-23: Nigeria inflation slows to 15.43 per cent in July Nigeria's headline inflation fell to 15.43 per cent in July, but economist Ken Ife warns of a paradox as food inflation rose sharply due to supply chain disruptions and higher farm-gate prices. 2 sources. https://clstr.news/cluster/nigeria-inflation-slows-to-1543-per-cent-in-july ### 2026-08-17: Nigeria and South Africa report cooling inflation rates for July Nigeria's headline inflation fell to 15.43% in July despite rising food costs, while South Africa's inflation cooled to 4.3% as food price growth hit a 16-year low. 26 sources. https://clstr.news/cluster/nigeria-inflation-rate-falls-to-1543-percent-in-july ### 2026-07-28: Nigeria's inflation stays above 30% in most states despite June headline dip Nigeria's headline inflation fell to 15.9% in June, but 19 states and the capital recorded over 30% rates, driven by soaring food prices and structural economic challenges. 4 sources. https://clstr.news/cluster/nigerias-inflation-stays-above-30-in-most-states-despite-june-headline-dip ### 2026-07-20: Nigeria sees inflation over 30% in 19 states despite national slowdown Nigeria's June 2026 headline inflation slipped to 15.91%, but 19 states and the FCT still faced inflation above 30%, with Niger at 42.23% and Kogi at 41.59%. 4 sources. https://clstr.news/cluster/nigeria-sees-inflation-over-30-in-19-states-despite-national-slowdown --- Cite as: Nigeria inflation eases to 15.43% amid rising food costs. CLSTR, https://clstr.news/situations/nigeria-regional-inflation-over-30