NBS Reports Inflation Slowdown From 15.39% in August.

Nigeria’s headline inflation rate eased to 14.63 per cent in September 2026, down from 15.39 per cent in August, according to the National Bureau of Statistics.

The NBS announced the figures in its Consumer Price Index report, released on Thursday. The latest data indicates that the pace of price increases slowed during the month, although inflation remained a key economic concern for households and businesses.

The September rate represents a decline of 0.76 percentage points from August. Headline inflation measures the overall change in prices of goods and services commonly purchased by households.

The bureau’s report provides an update on price movements across the economy. The figures are closely monitored by policymakers, businesses and consumers because inflation affects the cost of food, transport, housing and other everyday needs.

A lower inflation rate means prices are rising more slowly than before; it does not necessarily mean that prices have fallen. Consumers may therefore continue to face higher costs, even as the rate of increase moderates.

The NBS released the September data as economic discussions continue around growth, trade and the cost of living. Recent related issues include plans to expand industrial activity in Ekiti State, the Federal Government’s ambition to grow Nigeria’s economy to $1tn, and the effect of import waivers and insecurity on agricultural trade.

The bureau’s report did not include further details in the initial announcement. More information about the components of the Consumer Price Index and the factors behind the monthly movement is expected to provide a fuller picture of inflation trends.

The figures will be watched by government officials and economic analysts as they assess the direction of prices and the impact on households. Inflation remains an important measure of economic conditions, influencing decisions on spending, investment and monetary policy.

The NBS publishes Consumer Price Index data to track changes in the prices of goods and services over time. Its latest report shows that Nigeria’s headline inflation rate declined in September compared with the previous month.