Food Prices Ease to Single-Digit Growth for First Time in a Decade

Food Prices Ease to Single-Digit Growth for First Time in a Decade

Story: Written by Rita Amarachi February 16,2026
Food inflation is projected to fall back into single-digit territory, marking a major turnaround nearly ten years after sustained price surges strained household budgets. Analysts attribute the slowdown to improved supply conditions, stabilising exchange rates, better harvest outcomes, and targeted policy interventions across the food value chain.
The easing trend is expected to provide relief for consumers, reduce pressure on wages, and support broader disinflation efforts. While risks remain—from climate shocks to logistics costs—experts say continued reforms and steady supply could help keep food prices on a downward path.

Joseph okafor

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