US EditionNigeria’s Inflation Rises to 15.38% in March 2026 as CPI Hits 135.4
Month-on-month inflation jumped to 4.18% in March, while rural prices rose to 6.73%, the statistics office said.
- Nigeria's headline inflation rose to 15.38% in March, the National Bureau of Statistics reported on Wednesday, marking the first increase in a year with a 0.32% rise from February's 15.06%.
- Although current inflation remains lower than the 27.12% recorded in March last year, underlying price pressures persist across the economy despite a broader downward trend over the past year.
- Rural inflation surged monthly to 6.73% from 0.71%, while Urban inflation stood at 14.64% year-on-year. The Consumer Price Index rose to 135.4 from 130.0 the previous month.
- The Core Inflation rate rose sharply to 4.03% from 0.89% in February, while monthly inflation surged to 4.18%, more than double the 2.01% recorded previously.
- Economic forecasts show persistent pressures remain concerning, as the World Bank warns an oil price surge could worsen Nigeria's inflation. Average annual food inflation for twelve months reached 18.21%.
19 Articles
19 Articles
Inflation Rises To 15.38%
Nigeria has recorded its first increase in a year as the headline inflation rose to 15.38%, up from 15.06% in February 2026. According to the National Bureau of Statistics (NBS), the March 2026 Headline inflation rate showed an increase of 0.32% compared to the February 2026 Headline inflation rate. However, on a month-on-month basis, the Headline inflation rate in March 2026 was 4.18%, which was 2.17% higher than the rate recorded in February 2…
Nigeria’s Inflation Rate Rises To 15.38% In March- NBS
Nigeria’s inflation rate rises to 15.38% in March- NBS By Okeoghene Akubuike Abuja, April 15, 2026 (NAN) The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate rose to 15.38 per cent in March 2026. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for March 2026, released in Abuja on Wednesday. The report News Agency of Nigeria
CPPE Cautions CBN as Inflation Rises to 15.38%
Nigeria’s inflation rate edged higher to 15.38 per cent in March 2026, reinforcing concerns over renewed price momentum across the economy as month-on-month pressures intensified. The latest National Bureau of Statistics (NBS) Consumer Price Index (CPI) report indicates a potential threat to the fragile disinflation trend. While annual inflation remains significantly lower than February 2025’s 27.35 per cent, a sequential increase, with the CPI …
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