Nigeria’s headline inflation rate eased to 16.05 per cent in October 2025 from 18.02 per cent in September, the National Bureau of Statistics (NBS) has revealed.
The October 2025 headline inflation rate recorded a 1.96 per cent decrease, according to the latest Consumer Price Index (CPI) report released by the NBS on Monday.
Data from the report indicate that the country has now recorded seven consecutive months of declining inflation since April 2025.
On a year-on-year basis, the headline inflation rate was 17.82 per cent lower than the rate recorded in October 2024 (33.88 per cent).
On a month-on-month basis, the headline inflation rate in October 2025 was 0.9 per cent, which was 0.21% higher than the rate recorded in September 2025 (0.72 per cent).
More to follow…
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