Economy / WORLD

Nigeria annual inflation eased to 14.63% in September

Nigeria’s National Bureau of Statistics reported annual headline inflation of 14.63% in September, down from 15.39% in August. The monthly rate slowed to 0.06%.

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In September, Nigeria’s CPI reached 146.38 (2024=100). Annual headline inflation eased to 14.63%, from 15.39% in August and 20.98% in September 2025; the monthly rate slowed to 0.06% from 0.71%.

The headline consumer-price index reached 146.38 in September, from 146.30 in August. The annual rate was also below 20.98% in the same month last year. Food inflation was 19.59% year over year, while food prices fell 1.55% month to month.

The index uses 2024=100 as its base. The NBS report collects prices from selected retail outlets nationwide and presents headline, food and core measures separately, alongside urban and rural breakdowns.

Data

Key figures

Consumer inflation

Year-on-year and month-on-month percentage changes in the September 2026 consumer-price index.

Annual headline inflation
14.63 percent
2026-09 · Observed
Monthly headline inflation
0.06 percent
2026-09 · Observed
Monthly food inflation
-1.55 percent
2026-09 · Observed
Methodology

Values are transcribed from the full NBS September 2026 CPI report. Month-on-month rates are not seasonally adjusted; annual rates compare with the same month a year earlier.

Updated:

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  • Nigeria · Place role: Coverage · Place type: Country or area · Location precision: Regional
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Taxonomy version: IPTC Media Topics 2026-Q2

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Data included