{"id":2092,"date":"2026-09-16T14:15:00","date_gmt":"2026-09-16T14:15:00","guid":{"rendered":"https:\/\/kufmtv.net\/?p=2092"},"modified":"2026-09-16T14:15:01","modified_gmt":"2026-09-16T14:15:01","slug":"nigerias-inflation-rate-falls-to-15-39-in-august","status":"publish","type":"post","link":"https:\/\/kufmtv.net\/index.php\/2026\/09\/16\/nigerias-inflation-rate-falls-to-15-39-in-august\/","title":{"rendered":"NIGERIA\u2019S INFLATION RATE FALLS TO 15.39% IN AUGUST"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"650\" height=\"350\" src=\"https:\/\/kufmtv.net\/wp-content\/uploads\/2026\/09\/Inflation_Arrow_Down.jpg\" alt=\"\" class=\"wp-image-2093\" srcset=\"https:\/\/kufmtv.net\/wp-content\/uploads\/2026\/09\/Inflation_Arrow_Down.jpg 650w, https:\/\/kufmtv.net\/wp-content\/uploads\/2026\/09\/Inflation_Arrow_Down-300x162.jpg 300w\" sizes=\"(max-width: 650px) 100vw, 650px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The National Bureau of Statistics (NBS) has said Nigeria\u2019s headline inflation rate fell slightly to 15.39 per cent in August 2026, from 15.43 per cent recorded in July.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The statistics agency disclosed this in its Consumer Price Index (CPI) report released on Tuesday, noting that the latest figure represents a 0.04 percentage point decline from the previous month.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The bureau also reported a sharper slowdown in the month-on-month inflation rate, which stood at 0.71 percent in August, compared with 1.57 percent in July.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the NBS, the month-on-month figure was 0.86 percentage points lower than the rate recorded in July.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The NBS also reported a decline in food inflation, which stood at 19.57 percent year-on-year in August 2026.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The figure was lower than the 25.30 percent recorded in August 2025.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On a month-on-month basis, food inflation fell significantly to 1.02 percent in August from 5.56 percent in July, representing a decline of 4.55 percentage points.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Bureau of Statistics (NBS) has said Nigeria\u2019s headline inflation rate fell slightly to 15.39 per cent in August [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"h5ap_radio_sources":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2092","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"rttpg_featured_image_url":null,"rttpg_author":{"display_name":"kufmtv","author_link":"https:\/\/kufmtv.net\/index.php\/author\/kufmtv\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/kufmtv.net\/index.php\/category\/uncategorized\/\" rel=\"category tag\">News<\/a>","rttpg_excerpt":"The National Bureau of Statistics (NBS) has said Nigeria\u2019s headline inflation rate fell slightly to 15.39 per cent in August 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