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Nigeria's inflation fell to 15.10% in January 2026, marking ten straight monthly declines, driven by lower food and energy prices.
Nigeria's inflation rate eased to 15.10% in January 2026, down from 15.15% in December, marking the tenth straight monthly decline, according to the National Bureau of Statistics.
Food inflation dropped to 8.89% from 10.84%, driven by falling staple prices and lower energy costs, though transport fares rose due to holiday demand.
The NBS updated its methodology, shifting to a 12-month reference period with 2024 as the base, aiming for more accurate price tracking.
Despite a projected uptick to around 18% in early 2026 due to base effects and election-related spending, analysts expect disinflation later in the year.
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La inflación de Nigeria cayó a 15.10% en enero de 2026, marcando diez disminuciones mensuales consecutivas, impulsadas por precios más bajos de alimentos y energía.