Nigeria’s headline inflation rate climbed to 15.38% in March 2026, marking a slight increase from the 15.06% recorded in February, according to the latest figures released by the National Bureau of Statistics (NBS)
The Consumer Price Index (CPI) also rose to 135.4 in March 2026, representing a 5.4-point increase from 130.0 recorded in the previous month.
The data showed that the inflation rate stood at 15.38% in March, up from 15.06% in February 2026, and significantly higher than the 27.35% recorded in March 2025.
On a month-on-month basis, inflation increased to 4.18% in March 2026, compared to 2.01% in February, reflecting a 2.17% rise.
The average CPI for the twelve months ending March 2026 rose by 20.05%, representing an increase of 1.48% when compared to the 18.58% recorded in the corresponding period of 2025.
