Nigeria’s Inflation Rate January 2026
Key Highlights on Inflation figure in January 2026
- Headline inflation eased slightly to 15.10 percent year-on-year in January, down from 15.15 percent in December.
- On a month-on-month basis, inflation rose by a negative 2.88 percent in January, significantly less than 0.54 percent recorded in December 2025.
- This means prices actually fell by 2.88 percent between December and January.
- Food inflation fell by 6.02 percent in January, signaling fall in prices in farm produce.
- Core inflation also fell to 17.72 from 18.63%, showing that Inflation is slowing structurally, not temporarily
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