The United States’ inflation rate remained steady at 2.7 percent in December, matching the previous month’s figure. According to data released by the US Bureau of Labor Statistics, this rate continues to exceed the Federal Reserve’s long-term target of 2 percent. On a monthly basis, the Consumer Price Index (CPI) rose by 0.3 percent, while core inflation, which excludes food and energy components, increased by 0.2 percent.
The increase is attributed to the reversal of distortions caused by the longest government shutdown in US history, rather than strong underlying economic growth, according to Chief US Economist Samuel Tombs. The US inflation data for December has been released, and attention now turns to Nigeria, which is expected to release its own inflation figures on January 15, 2026.
In Nigeria, inflation eased to 14.45 percent year-on-year in November, down from 16.05 percent in October. However, the National Bureau of Statistics has projected a potential spike in December’s inflation data, raising expectations ahead of the official release. The projected increase is likely to be closely watched, given the country’s efforts to manage inflation and maintain economic stability.
The US inflation rate has been steadily above the Federal Reserve’s target, and the latest figures will be closely scrutinized for signs of economic growth or slowdown. The CPI is a key indicator of inflation, and its monthly changes can have significant implications for monetary policy and economic decision-making. As Nigeria prepares to release its own inflation figures, the international community will be watching closely to see how the country’s economy is faring.
The release of inflation data is a significant event in the economic calendar, providing insights into the overall health of an economy and informing policy decisions. The steady inflation rate in the US and the anticipated release of Nigeria’s inflation figures highlight the ongoing importance of monitoring and managing inflation to maintain economic stability and promote growth. With the global economy continuing to evolve, the release of inflation data remains a crucial indicator of economic trends and prospects.
