Nigeria’s headline inflation rate rose to 15.93% in May 2026, according to the latest Consumer Price Index (CPI) report.
The National Bureau of Statistics (NBS) data showed that the CPI increased to 140.7 in May 2026, representing a 2.4-point rise from the previous month’s 138.3, indicating continued upward pressure on consumer prices across the economy.
According to the report, on a month-on-month basis, headline inflation stood at 1.75% in May 2026. This represents a decline of 0.39 percentage points compared to April 2026, when the rate was 2.13%.
The latest record marks the third consecutive hike in 2026.
The youtHouse reporters, also known as “the Great Green Parrot”- (GGP), is the pioneer, biggest and most active Digital /Online News Outfit and Information Sharing Channel of the Nigerian Youth and Student Community, established in Year 2020 to champion a new order of Creativity and Innovations in Youth Development across the Country and in the Diaspora.
![[UPDATED] Nigeria’s Inflation Climbs To 15.38% In March](https://youthousereporters.com.ng/wp-content/uploads/2026/04/78555-Breaking_News_Graphics_1.jpg "Breaking_News_Graphics_1.jpg")
