Inflation.webp

The Digest:

Nigeria's headline inflation climbed for another month in December 2025, underscoring the persistent economic pressures households continue to face despite some easing in the cost of food. According to the latest data from the National Bureau of Statistics, the inflation rate rose to 15.15%, a sign that broader price pressures are mounting even as specific sectors show tentative relief.

Key Points:
  • Nigeria’s headline inflation increased to 15.15% in December from 14.45% in November.
  • Month-on-month, inflation rose by 0.7%, reflecting ongoing price pressures.
  • Food inflation, however, declined to 10.84% in December from 11.08% in November.
  • Year-on-year, food inflation dropped significantly from 39.84% in December 2024.
  • The Consumer Price Index reached 131.2 points, up from 130.5 the previous month.
  • Despite the monthly increase, the annual inflation rate is lower than the 34.80% recorded in December 2024.
  • The data arrives amid widespread projections of a continued inflationary spike.
While food inflation offers a glimmer of respite, the overall climb in prices reveals an economy still navigating turbulent waters, where relief in one sector meets persistent strain in many others.

Sources: National Bureau of Statistics