Headline inflation falls 3rd consecutive month to 15.39%

By Elizabeth AdegbesanHeadline inflation rate fell by 0.04 percent to 15.39 percent in August from 15.43 percent in July 2026, representing the third consecutive month decline since June.The development was driven by a further ease in the core basket to 13.29 percent in August from 14.97 percent in July.The National Bureau of Statistics, NBS, disclosed this yesterday in its Consumer Price Index, CPI, report for August 2026.NBS stated: “In August 2026, the Headline inflation rate stood at