The National Bureau of Statistics reported that Nigeria's headline inflation rate fell to 15.39 percent in August 2026 from 15.43 percent in July 2026, a decrease of 0.04 percent. The bureau said the August 2026 rate compared with 23.14 percent in the same month of the preceding year. On a month-on-month basis, the headline inflation rate in August 2026 was 0.71 percent, which was 0.86 percent lower than the 1.57 percent recorded in July 2026. The NBS said this meant the rate of increase in the average price level in August was lower than in July.
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