Will the National Bureau of Statistics report headline inflation below 16.0% in its next CPI release by July 31, 2026?

Outcome: YES

How this forecast is settled

Will Nigeria’s headline inflation fall below 16% in the next NBS CPI report before July 31? While inflation may continue declining, reaching below 16% within this timeframe would require a relatively sharp slowdown and is less likely.

Resolution

Yes, the National Bureau of Statistics (NBS) officially reported headline inflation below 16.0% in its latest Consumer Price Index (CPI) release before July 31, 2026.

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