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Nigeria’s inflation eased slightly to 15.06% in February 2026, down from 15.10% in January, but remained high due to rising food prices.
Nigeria’s headline inflation rate eased slightly to 15.06% in February 2026, down from 15.10% in January, according to the National Bureau of Statistics, marking a significant decline from 26.27% in February 2025.
While year-on-year inflation eased, month-on-month prices rose 2.01%, driven by higher food costs, including staples like beans and cassava.
Food inflation dropped annually to 12.12% from 26.98% but surged monthly to 4.69%.
The 12-month average inflation rose to 21.03%, reflecting ongoing volatility.
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La inflación de Nigeria disminuyó ligeramente a 15.06% en febrero de 2026, frente al 15.10% de enero, pero se mantuvo alta debido al aumento de los precios de los alimentos.