As of July 2026, Nigeria recorded an inflation rate of 15.43%, marking a slight moderation from the 15.91% seen in June. Despite this headline decline, domestic food price pressures remain elevated, with food inflation rising to 20.31% year-on-year. Regionally, Sudan continues to lead the continent with the highest inflation at 41.61%, followed by Malawi at 20.80%. Across Africa, divergent trends persist, as half of the top ten high-inflation economies experienced further price acceleration during the period.