Nigeria’s Inflation Eases to 15.15% as Price Pressures Slow
Monthly price increases slowed to 0.54 percent, while the IMF welcomed the trend and praised the rebased Consumer Price Index.
Nigeria’s inflation rate eased further in December 2025, as headline inflation fell to 15.15 percent from 17.33 percent recorded in November. The slowdown also reflected in monthly figures, with price increases moderating to 0.54 percent compared to 1.22 percent a month earlier.
The International Monetary Fund welcomed the trend, noting that sustained easing could provide relief for households burdened by rising living costs. According to the IMF, a slower pace of inflation would also support broader economic stability.
The fund also praised the National Bureau of Statistics for updating its inflation measurement framework. The revised Consumer Price Index now uses 2024 as its base year and aligns with regional and international standards.
This methodological shift is expected to strengthen confidence in Nigeria’s inflation data and improve comparability with other economies.
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