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Nigeria's Food Prices Rise Despite Slight Inflation Drop
Photo: Pulse Nigeria
2026-07-16 13:49   Economy   10

Nigeria's Food Prices Rise Despite Slight Inflation Drop

Nigeria's overall inflation eased slightly in June 2026, but food prices kept climbing.Food inflation hit 17.52%, driven by staples like garri, tomatoes, yam, and crayfish.Experts say headline inflation doesn't reflect real costs for households.The National Bureau of Statistics noted that core goods prices dropped, masking rising food costs.Lagos markets show families spending more on basics despite government claims of economic progress.States like Katsina and Niger saw sharp monthly price jumps, while others like Borno saw slower increases.This trend highlights the gap between official inflation data and everyday expenses for Nigerians.

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