Food inflation eases for first time in 2026

BusinessDay | 15-09-2026 04:43pm |

Nigeria's food inflation rate slowed for the first time in 2026, easing to 19.57 percent in August from 20.31 percent in the previous period. The decline marks a break from the upward trend seen earlier in the year. The easing of food inflation may provide some relief to consumers. The data was released by the National Bureau of Statistics.

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