Nigeria’s headline inflation fee has dropped to 18.02 % in September 2025, based on the most recent Consumer Price Index (CPI) report launched by the National Bureau of Statistics (NBS) on Wednesday.
The report marks a notable decline within the nation’s inflation fee, reflecting a slowdown within the tempo of value will increase for items and companies throughout key sectors of the economic system.
Although the NBS didn’t instantly present detailed figures for meals, core, and concrete inflation indices, the company famous that the decline represents an easing of inflationary pressures witnessed over the previous a number of months.
Nigeria has confronted persistently excessive inflation in recent times, pushed by rising meals and power prices, overseas alternate volatility, and the impression of subsidy removals and different {economic} reforms.
READ ALSO: Nigeria’s Inflation Declines for Fifth Straight Time NBS
The newest determine means that authorities insurance policies geared toward stabilizing costs and boosting home manufacturing could also be starting to yield optimistic outcomes.
Analysts, nonetheless, warning that whereas the decline is encouraging, sustained efforts are required to consolidate the beneficial properties and make sure that the discount in inflation interprets into actual aid for Nigerian households.
The NBS is anticipated to launch an in depth breakdown of the CPI report later this week, offering additional perception into the particular drivers of the decline in headline inflation.
