Inflation.webp
The Digest:

Nigeria's headline inflation rate has declined for the sixth consecutive month, falling to 18.02% in September 2025 from 20.12% in August. The latest data from the National Bureau of Statistics also revealed a notable -1.57% month-on-month drop in food inflation, offering a glimmer of respite amidst persistent cost-of-living pressures.

Key Points:
  • Headline inflation dropped to 18.02% in September from 20.12% in August.
  • This marks the sixth straight monthly decline in the inflation rate this year.
  • On a month-on-month basis, headline inflation was 0.72%.
  • Food inflation showed a significant decrease of -1.57% month-on-month.
  • The data aligns with analyst predictions of a continued moderating trend.
  • Experts project inflation could fall further to around 18% by November.
  • Recent fuel and cooking gas price hikes threaten to impact future figures.
While the consistent decline signals a positive trajectory, the recent surge in fuel costs serves as a stark reminder of the fragile economic equilibrium and the persistent storms facing ordinary Nigerians.

Sources: Daily Post Nigeria, National Bureau of Statistics (NBS)