Nigeria’s headline inflation rate slowed to 18.02% in September 2025, marking a decline from 20.12% recorded in August 2025.
This is according to the latest data released by the National Bureau of Statistics (NBS).
On a month-on-month (MoM) basis, the headline inflation rate stood at 0.72%, reflecting a moderation in price increases across key sectors.
The food inflation rate also showed a notable improvement, recording a -1.57% MoM change — indicating that average food prices declined in September compared to the previous month.
Details later…