On a month-on-month basis, headline inflation slowed to 1.66% in June, down from 1.75% in May, indicating a slower pace of price increases compared to the previous month.

However, food inflation remained elevated, rising to 17.52% year-on-year in June. On a monthly basis, food inflation accelerated to 3.75%, up from 2.98% in May, suggesting renewed pressure on food prices despite the slight moderation in overall inflation.

More detail later….

source: nairametrics