Inflation drops to 15.15%, as food inflation declines further

By Elizabeth Adegbesan

The National Bureau of Statistics, NBS, yesterday said headline inflation rate fell by 2.18 percentage points  to  15.15 percent in December 2025 from 17.33 percent in November 2025.

The NBS disclosed this in its Consumer Price Index (CPI), report for December 2025.

Recall, early this week that the NBS adjusted its CPI methodology to clarify  projected spike in Nigeria’s December 2025 inflation figure, noting that the increase is the consequence of a technical methodology and not of deteriorating economic conditions. 

NBS said: “The December 2025 year-on-year Headline inflation rate stood at 15.15 percent relative to the November 2025 headline inflation rate (17.33 percent). 

“On a year-on-year basis, the December Headline inflation rate was 19.65% lower than the rate recorded in December 2024 (34.8 percent).

 “This shows that the Headline inflation rate (year-on-year basis) decreased in 

December 2025 compared to the same month in the preceding year (i.e., December 2024), though with a different base year, November 2009 = 100.

“On a month-on-month basis, the Headline inflation rate in December 2025 was 0.54 percent, which is 0.69 percent less than the rate recorded in November 2025 (1.22 percent). 

“This means that in December 2025, the rate of increase in the average price level was lower than in November 2025 headline inflation rate (17.33 percent).”

On food inflation rate,  NBS said: “The food inflation rate in December 2025 stood at 10.84 percent on a year-on-year basis from 39.84 percent in December 2024.

“This decline can be attributed to the rate of decrease in the average prices in the following food items, namely, tomatoes, garri, eggs, potatoes, carrots, millet, vegetables, plantain, beans, wheat grain, grounded pepper, onions (fresh), etc.

“In December 2025, food inflation on a year-on-year basis was highest in Yobe (15.25 percent), Ogun (14.12 percent), and Abuja (13.24 percent), while Akwa Ibom (4.34 percent), Sokoto (4.62 percent), and Plateau (6.19 percent) recorded the slowest rise in food inflation on a Year-on-Year basis.

“On a Month-on-Month basis, however, December 2025 food inflation was highest in Imo (3.19 percent), Nasarawa (3.16 percent), and Yobe (1.18 percent), while Plateau (-2.76 percent), Rivers (-2.5 percent), and Zamfara (-1.93 percent) recorded a decline in  food inflation on a month-on-month basis.”

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