The Central Bank of Nigeria (CBN) has revealed that citizens earning between ₦150,000 and ₦250,000 monthly are the most likely to perceive inflation as high.
The finding is featured in the apex bank’s latest Inflation Expectations Survey for July 2026, which analyzes how different income demographics perceive price movements across the country.
The data indicates that individuals within this specific earning bracket are feeling the most acute pressure from the rising cost of living compared to other income groups surveyed.
The Inflation Expectations Survey serves as a critical metric for the CBN to gauge public sentiment, which often informs the bank’s broader monetary policy decisions and efforts to stabilize the economy.
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