The National Bureau of Statistics (NBS) reported that Nigeria’s headline inflation rate declined to 15.15% year-on-year (y/y) in December 2025, down from the revised November 2025 figure of 17.33% y/y , a moderation of 218 basis points (2.18 percentage points). This marked the ninth consecutive month of easing price pressures. Compared to December 2024’s 34.80%, the rate fell substantially, while food inflation eased to 10.84% y/y (from 39.17% in December 2024) and core inflation stood at 18.63% y/y (from 28.52% in December 2024).
