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Nigeria volition merchandise its ostentation fig for July 2026 this Monday.
DAILY POST reports that the National Bureau of Statistics, NBS, volition denote its Consumer Price Index, CPI and ostentation study for July.
The Central Bank of Nigeria’s, CBN Inflation Expectation Survey, released recently, showed that the Inflation Perception Index stood astatine 40 points successful July, meaning that respondents mostly perceived existent prices of goods and services to beryllium high.
“The Inflation Perception Index stood astatine 40.0 points successful July 2026, indicating that respondents mostly perceived existent prices of goods and services to beryllium high,” the CBN survey stated.
Recall that Nigeria recorded its archetypal driblet successful header inflation to 15.91 percent successful June, portion nutrient ostentation stood astatine 17.52 percent, according to an NBS report.
DAILY POST reports that large drivers of ostentation successful Nigeria see vigor prices specified arsenic petrol, cooking gas, diesel and electricity, arsenic good arsenic the speech rate, involvement rates, proscription costs and insecurity.
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