Nigeria’s headline inflation rate eased to 16.05 per cent in October 2025, down from 18.02 per cent in September, according to the latest report from the National Bureau of Statistics (NBS).

 

 

 

The October 2025 inflation figure represents a 1.96 percentage point decrease, marking the seventh consecutive month of declining inflation since April 2025.

 

 

 

According to the Consumer Price Index (CPI) report released on Monday, November 17, inflation fell from the 18.02 per cent recorded in September. However, on a month-on-month basis, headline inflation increased by 0.93 per cent in October.

 

 

 

 

The report also highlighted a slight moderation in food prices, with food inflation declining by 0.37 per cent month-on-month.