Nigeria is due to publish its inflation data for July 2026 on Monday, with the National Bureau of Statistics expected to release the month’s Consumer Price Index and inflation report. A recent Central Bank of Nigeria survey found that the Inflation Perception Index reached 40.0 points in July, suggesting that respondents viewed the prices of goods and services as generally high. Nigeria’s headline inflation rate fell for the first time to 15.91% in June, while food inflation was recorded at 17.52%. Key sources of price pressure include energy costs—covering petrol, cooking gas, diesel and electricity—alongside exchange-rate movements, interest rates, transport expenses and insecurity.
