Nigeria's Inflation Rate Drops to 16.05% in October - NBS Report
Nigeria's inflation rate decreased to 16.05% in October 2025, down from 18.02% in September 2025, according to the National Bureau of Statistics (NBS). The Consumer Price Index (CPI) inflation report revealed a 0.93% month-on-month decline, with food inflation also dropping by 0.37%.
Analysts had predicted a continued slowdown in inflation, aligning with recent trends in the economy.
Plus234Feed summary based on reporting from Politics Nigeria. Read the original report below.
Read full article
Continue on Politics Nigeria
Share
