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American2Day

News and opinion for Michigan, Eaton County, and the Mulliken area

American2Day

News and opinion for Michigan, Eaton County, and the Mulliken area

Money

Nigeria inflation eased in July while food costs kept rising

A2D News Desk

Nigeria’s headline inflation rate fell to 15.43% in July from 15.91% in June, according to the National Bureau of Statistics. The rate was also lower than the 24.94% recorded in July 2025.

Prices still rose during the month, with month-on-month headline inflation at 1.57%, down from 1.66% in June. Food inflation remained a major pressure point, reaching 20.31% year over year and rising to 5.56% month over month from 3.75% in June.

Inflation varied sharply by state. Adamawa had the highest year-on-year headline inflation at 33.03%, while Nasarawa had the lowest at 7.86%. Food inflation ranged from 51.36% in Adamawa to -0.31% in Borno.

Read the full story at TVC News.

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