Food Inflation Drops to 16.96% in May 2026, NBS Reports

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Food inflation in Nigeria fell to 16.96% year-on-year in May 2026, down from 24.55% recorded in May 2025. The National Bureau of Statistics (NBS) released this data in its latest Consumer Price Index (CPI) report.

On a month-on-month basis, food inflation dropped to 2.98% in May 2026, compared to 3.63% in April 2026. That is a 0.65 percentage point decline.

States with the highest food inflation rates include Adamawa, Kwara, and Rivers. Borno, Taraba, and Bayelsa recorded the lowest increases.

The decline is linked to changes in average prices of key food items. These include fresh onions, maize grains, melon (egusi), water yam, cassava flour, crayfish, fresh pepper, tomatoes, wheat grain, cassava tuber, yam tuber, sweet potatoes, ginger, plantain, and cowpeas.

The average year-on-year food inflation for the 12 months ending May 2026 stood at 16.99%. That is a 16.22 percentage point drop compared to the previous period.

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