Nigeria’s inflation rate increased to 15.15 percent in December 2025, up from 14.45 percent in November, according to the latest Consumer Price Index and inflation data released by the National Bureau of Statistics. The data shows a 0.7 percent month-to-month increase in inflation.
The National Bureau of Statistics reported that the country’s food inflation declined by 1.49 percent to 10.84 percent in December, down from 11.08 percent in November. On a year-on-year basis, food inflation eased from 39.84 percent in December 2024 to 10.84 percent in December 2025.
The Consumer Price Index rose to 131.2 in December 2025, up by 0.7 points from the previous month. The December 2025 year-on-year headline inflation rate stood at 15.15 percent, which is 19.65 percent lower than the rate recorded in December 2024. This decrease in inflation rate indicates a slowdown in the rate of price increases compared to the same period in the previous year.
The National Bureau of Statistics noted that the headline inflation rate decreased in December 2025 compared to the same month in the preceding year, despite a different base year. This trend is significant, as it suggests that the country’s efforts to manage inflation may be yielding results.
The inflation data release comes amid reports that had projected a spike in Nigeria’s inflation in December. The actual increase, although lower than expected, still highlights the need for continued monitoring and management of inflationary pressures. The National Bureau of Statistics will likely continue to play a crucial role in tracking and analyzing inflation trends, providing valuable insights for policymakers and stakeholders.
The latest inflation figures have implications for Nigeria’s economic outlook, as high inflation can erode purchasing power and affect economic growth. As the country navigates its economic challenges, the management of inflation will remain a key priority. The National Bureau of Statistics will continue to provide regular updates on inflation trends, helping to inform decision-making and shape economic policy.
