The survey found that 62.3 per cent of businesses reported upper expenditure due to inflation, compared including 58.8 per cent of households.
Respondents were greater upbeat concerning the months ahead. The Inflation Expectations Index stood at 25.1 points in September, well below the perception index.
Concerning 29.5 per cent of households predict inflation to moderate over the coming six months. By proceeds, households earning below N70,000 recorded the highest perception at 80.0 per cent. Raw materials, household purchases and the activities of middlemen were seen as the least key contributors.
Additional firms than households said inflation had raised their spending. Within firms, the communicate perceiving high inflation edged up to 62.6 per cent from 61.8 per cent.
Rural households reported a elevated perception of inflation at 79.1 per cent, against 76.2 per cent for urban households.
The offer of Nigerian households that see inflation as high rose to 77.2 per cent in September 2026, from 67.2 per cent in August.
This is according to the Central Bank of Nigeria’s (CBN) current Inflation Expectations Survey.
The finding contrasts using authorized figures from the Nationwide Bureau of Figures (NBS), which showed headline inflation easing marginally to 15.39 per cent in August from 15.43 per cent in July.
The survey’s Inflation Perception Index rose to 43.1 points in September from 39.6 points in August. Sizeable and compact businesses each stood at 59.4 per cent.
Respondents named energy, draw rates, supplant rates and insecurity between the principal drivers of their perception. They anticipate inflation to ease gradually over the subsequent three and six months. Within businesses, 26.9 per cent await moderation over the same period, compared using 15.8 per cent who await it in one month.
The CBN said both households and businesses assume inflation-relevant spending pressures to moderate over the following six months, alongside firms showing the stronger anticipation.
In August, the CBN survey showed that 68.4 per cent of Nigerians earning below N70,000 perceived inflation as high, the highest across the earnings groups surveyed.
Across all respondents, the provide who perceived inflation as high increased to 69.5 per cent from 64.3 per cent.
Households recorded a sharper rise than businesses. Those earning above N350,000 and up to N400,000 recorded the lowest at 59.1 per cent.
Within businesses, micro enterprises had the highest perception of high inflation at 67.3 per cent, followed by medium-sized firms at 62.4 per cent.
Source: CBN’s Survey Reports Higher Household Inflation Despite NBS’ Easing Record
