Inflation Rate Rises To 15.38% In March — NBS - Business

Inflation Rate Rises To 15.38% In March — NBS - Business - Nairaland

Nairaland Forum › Nairaland General › Business › Inflation Rate Rises To 15.38% In March — NBS (2535 Views)

Inflation Rate Rises To 15.38% In March — NBS by ogododo(op): 4:09pm On Apr 15

Nigeria’s headline inflation rate rose to 15.38 per cent in March 2026, up from 15.06 per cent recorded in February, according to the latest Consumer Price Index (CPI) report by the National Bureau of Statistics (NBS), released on Wednesday.

The NBS said the increase reflects renewed pressure on consumer prices, with the month-on-month inflation rate jumping sharply to 4.18 per cent in March from 2.01 per cent in February, indicating a faster pace of price increases across the economy.

Data from the report showed that Food and non-alcoholic beverages, Restaurants and accommodation services, and Transport were the biggest drivers of inflation during the period, even as food inflation eased slightly on a year-on-year basis to 14.31 per cent.

The report also highlighted rising cost pressures in both urban and rural areas, with rural inflation climbing to 17.22 per cent, while several states including Bayelsa, Sokoto and Bauchi recorded the highest inflation rates nationwide.

The NBS said: “Following the completion of the recent rebasing exercise, this report is centred on a new CPI base year of 2024 and a weight reference period of 2023. Hence, the Consumer Price Index (CPI) increased to 135.40 in March 2026, and reflects a 5.4-point increase from the preceding month.

“On a year-on-year basis, the headline inflation rate for March 2026 stood at 15.38%, when compared to 15.06% and 27.35% recorded in February 2026 and March 2025; respectively. The month-on-month headline inflation rate in March 2026 was 4.18%, which was 2.17% higher than the rate recorded in February 2026 (2.01%).

“At the divisional level, the three major contributors to the headline inflation were Food and non-alcoholic Beverages: 5.55%, Restaurants & Accommodation Services: 3.26%, and Transport: 1.80%; while the least contributors were Recreation, Sport, and Culture: 0.00%, Alcoholic Beverages, Tobacco, and Narcotics: 0.02%, and Insurance and Financial Services: 0.02%.

“The Food inflation rate in March 2026 was 14.31% on a year-on-year basis, lower than 25.22% recorded in March 2025. Also, on a month-on-month basis, the Food Inflation rate in March 2026 was 4.17%, down by 0.52% points from February 2026 (4.69%). This can be attributed to the rate of change in the average prices of Water Yam, Ginger (Fresh), Cassava Tuber, Groundnuts (Shelled), Irish Potatoes, Avenger (Ogbono/Apon) – Dried Ungrinded, Tomatoes (fresh), Cassava Flour sold loose, among others.”

https://www.vanguardngr.com/2026/04/breaking-inflation-rate-rises-to-15-38-in-march-nbs/

2 Likes

Re: Inflation Rate Rises To 15.38% In March — NBS by LagosOrigin: 4:26pm On Apr 15

That's enough reason for tinubu to resign and tender a public apology to Nigerians and the rest of the world for being a monumental failure and a disgrace.

A master strategist wey no sabi how to run a country, olodo man.

37 Likes

Re: Inflation Rate Rises To 15.38% In March — NBS by Gbadugbakun(m): 4:27pm On Apr 15

And some people are warming up to reelect the failure next year.

25 Likes 2 Shares

Re: Inflation Rate Rises To 15.38% In March — NBS by Didijiji: 4:27pm On Apr 15*

They cant even keep the WURUWURU version of the inflation figures down

I mean the wuruwuru own ooo. Imagine what the actual inflation figure is

I dont know how else a government can be useless to its citizens o

Naija, na una enter this one o

31 Likes 3 Shares

Re: Inflation Rate Rises To 15.38% In March — NBS by Emu4life(m): 4:27pm On Apr 15

After all the rebasing, basing and rebasing

38 Likes 1 Share

Re: Inflation Rate Rises To 15.38% In March — NBS by anonimi: 4:29pm On Apr 15

Gbadugbakun:
And some people are warming up to reelect the failure next year.

Why not, if not.

We elected Buhari TWICE despite his disastrous record as military dictator and Tinubu calling him expired in 2011, not so huh

29 Likes 1 Share

Re: Inflation Rate Rises To 15.38% In March — NBS by GanagiBitrus: 4:29pm On Apr 15

This High Inflation makes nonsense of having large savings account in the bank.

₦10m in your account today, becomes worth ₦5m tomorrow. embarassed

7 Likes

Re: Inflation Rate Rises To 15.38% In March — NBS by Akwamkpuruamu: 4:30pm On Apr 15

Ebola and his team, no wan make poor man breathe for this nation.

8 Likes

Re: Inflation Rate Rises To 15.38% In March — NBS by Efuaye(m): 4:30pm On Apr 15

Give them rice.
It baffles me how the ruling class can still command such a large following among the poor masses they have impoverished over the last three years..

14 Likes

Re: Inflation Rate Rises To 15.38% In March — NBS by HacheNoire: 4:30pm On Apr 15

Gbadugbakun:
And some people are warming up to reelect the failure next year.

Look at how you embarrassed yourself on a public forum!

So you hearing from the first that inflation is taking a spike across the world due to the energy shortfall and uncertainty caused by the war!

Please thank me for educating you!

24 Likes 1 Share

Re: Inflation Rate Rises To 15.38% In March — NBS by MrPOTUS: 4:30pm On Apr 15

Emu4life:
After all the rebasing, basing and rebasing

This is even in paper. Go to the market and see the real inflation undecided

5 Likes

Re: Inflation Rate Rises To 15.38% In March — NBS by magoo10(m): 4:31pm On Apr 15

Tinubu and his boys are rather interested in what goes on in the ADC than deliver on their failed mandate.

3 Likes

Re: Inflation Rate Rises To 15.38% In March — NBS by Anunakeeh: 4:32pm On Apr 15

Efuaye:
Give them Rice.

It baffles me how the ruling class can still command such a large following among the poor masses they have impoverished over the last three years..

You mentioned the obvious format & reason and yet you are still baffled. How??

Besides, I guess you haven't come across one of the world finest leaders of all time STALIN famous quote.

1 Like

Re: Inflation Rate Rises To 15.38% In March — NBS by MrPOTUS: 4:32pm On Apr 15

HacheNoire:
Look at how you embarrassed yourself on a public forum!

So you hearing from the first that inflation is taking a spike across the world due to the energy shortfall and uncertainty caused by the war!

Please thank me for educating you!

Na you again. Not surprised though undecided

Everything negative is what you support, from terrorism to this incompetent man in ASO rock undecided

Even when the inflation rate is being watered down, go market go see the real inflation rate undecided

Do you even have any idea how bad a double figure inflation rate is?

9 Likes

Re: Inflation Rate Rises To 15.38% In March — NBS by Lanruze: 4:32pm On Apr 15

Many thanks to Dangote Petrochemical Refinery.

It would have been worse than this. Check out the Asian Countries that are fully dependent on Crude and it's derivatives through the [b]Strait of Hormuz [/b]it's almost a geometric increase in inflation.

Palliatives and subsidied Transportation progmmes should be commenced ASAP including and NURTW transporters should be instructed ASAP to peg prices.

Re: Inflation Rate Rises To 15.38% In March — NBS by LagosOrigin: 4:33pm On Apr 15

HacheNoire:
Look at how you embarrassed yourself on a public forum!

So you hearing from the first that inflation is taking a spike across the world due to the energy shortfall and uncertainty caused by the war!

Please thank me for educating you!

You're the one disgracing yourself .. Nigeria inflation has always been on the high side since tinubu became president long before the so called energy shortfall . Call a spade a spade , tinubu is a failure.

11 Likes

Re: Inflation Rate Rises To 15.38% In March — NBS by HacheNoire: 4:34pm On Apr 15*

Emu4life:
After all the rebasing, basing and rebasing

Educate yourself and stop making a foolery of yourself on a public forum!

It’s really sad that, even with internet access, you still struggle to stay updated with local and international trends.

20 Likes

Re: Inflation Rate Rises To 15.38% In March — NBS by ogolemati: 4:35pm On Apr 15

HacheNoire:
Look at how you embarrassed yourself on a public forum!

So you hearing from the first that inflation is taking a spike across the world due to the energy shortfall and uncertainty caused by the war!

Please thank me for educating you!

chai chai like what is happening to you. i thought your creator is the one that built lagos state

1 Like

Re: Inflation Rate Rises To 15.38% In March — NBS by Emu4life(m): 4:35pm On Apr 15

HacheNoire:
Educate yourself and stop making a foolery of yourself on a public forum!

It’s really sad that, even with internet access, you still struggle to stay ultimate with local and international trends.

Balderdash. Stay away from my mention

23 Likes

Re: Inflation Rate Rises To 15.38% In March — NBS by HacheNoire: 4:36pm On Apr 15

Emu4life:
Balderdash. Stay away from my mention

Stop spewing gibberish on a public forum cos it irritates the mind, body and soul

16 Likes

Re: Inflation Rate Rises To 15.38% In March — NBS by Memphis357(m): 4:36pm On Apr 15

Richtaiwo, come and kiss the truth here oooooo!

1 Like

Re: Inflation Rate Rises To 15.38% In March — NBS by btaliat(m): 4:42pm On Apr 15

HacheNoire:
Look at how you embarrassed yourself on a public forum!

So you hearing from the first that inflation is taking a spike across the world due to the energy shortfall and uncertainty caused by the war!

Please thank me for educating you!

Educator,

I understand your context. But must we defend everything? The Nigerian government benefited from the war than to have her inflation still increased. The windfall alone is a typical example.

If you truly love this country, you won't be defending the leaders.

Thanks, Mr. Educator.

Re: Inflation Rate Rises To 15.38% In March — NBS by kingbee90: 4:43pm On Apr 15

What is the so-called Deloitte Chartered accountant and builder of Eko doing?

Na wah!

Re: Inflation Rate Rises To 15.38% In March — NBS by Efuaye(m): 4:44pm On Apr 15

At least the Stalin regime in the USSR was communism, and it wasn't anything democratic. The people really didn't have much option, but in Nigeria, we aren't under any form of state-controlled system, yet the people are acting helpless and hapless as if nothing could be done about it.

Anunakeeh:
You mentioned the obvious format & reason and yet you are still baffled. How??

Besides, I guess you haven't come across one of the world finest leaders of all time STALIN famous quote.

Re: Inflation Rate Rises To 15.38% In March — NBS by nairalanda1(m): 4:48pm On Apr 15

SeverusSnape the Tinubu supporter will tell us now that it is a lie.

2 Likes

Re: Inflation Rate Rises To 15.38% In March — NBS by femi4: 4:52pm On Apr 15

Inflation...more reason sibsidy/pallatives should be re introduced

Re: Inflation Rate Rises To 15.38% In March — NBS by Sirleo05: 4:52pm On Apr 15

Mr statistics and zombies addicts no go gree oo. in their minds, dey are doing well.

1 Like

Re: Inflation Rate Rises To 15.38% In March — NBS by Anunakeeh: 4:56pm On Apr 15

Efuaye:
At least the Stalin regime in the USSR was communism, and it wasn't anything democratic. The people really didn't have much option, but in Nigeria, we aren't under any form of state-controlled system, yet the people are acting helpless and hapless as if nothing could be done about it.

Lol I actually get you though.

What Nigeria is currently practicing is much worrsee than comnunism. It's a full state griiip and captuuree

Democarcy in Nigeria is a fallacy.

What is currently going on in Nigeria is systematic and strategic psychological manipulation of the masses.

I don't have much time on my hands to lay proper and wider emphasis on my assertion.

1 Like

Re: Inflation Rate Rises To 15.38% In March — NBS by 89green: 5:02pm On Apr 15

Nigeria is doing well, abi my keyboard pple

1ltr na 1...6, 1...6

Dont be shocked that there are many Nigerians out there who want this govt to do another 8 yrs

Re: Inflation Rate Rises To 15.38% In March — NBS by MemphitzDgreat1(m): 5:02pm On Apr 15

Gbadugbakun:
And some people are warming up to reelect the failure next year.

Seunmsg, Richtaiwo, Yarimo don already collect their 2 Derica sized cups of rice since December 2025 in order to reinforce failure

3 Likes

Re: Inflation Rate Rises To 15.38% In March — NBS by LordIsaac(m): 5:25pm On Apr 15

Tinubu is textbook unelectable. However, there is no replacement for him in sight!

Re: Inflation Rate Rises To 15.38% In March — NBS by sirblend: 5:41pm On Apr 15

Very funny how his supporters are over social media telling us that today has fixed Nigeria economy..

1 2 Reply

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