# 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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- Publisher: Newsverum
- Section: Economy
- Country: Nigeria
- Published: 2026-10-15T18:13:44+00:00
- Updated: 2026-10-15T18:13:44+00:00
- Event / data period: 2026-09
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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

### Consumer inflation

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

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.

| label | value | unit | period | basis |
|---|---|---|---|---|
| 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 |

Sources: <https://microdata.nigerianstat.gov.ng/index.php/catalog/154/related-materials> · Download data: [JSON](https://newsverum.com/api/v1/articles/nigeria-september-2026-inflation-slows-to-14-63-percent/data/headline-inflation-rates?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/nigeria-september-2026-inflation-slows-to-14-63-percent/data/headline-inflation-rates?lang=en&format=csv)

## Sources

- [National Bureau of Statistics (Nigeria)](<https://microdata.nigerianstat.gov.ng/index.php/catalog/154/related-materials>) (Source checked: 2026-10-15; Published: 2026-10-15)

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