Changes in CPI Methodology Raise Concerns Over Nigeria's December Inflation Data

The recent changes in the methodology used to compute Nigeria's Consumer Price Index (CPI) have raised concerns over the credibility of the December 2025 inflation data. Dike Onwuamaez of CPPE highlighted the need for a more robust approach to ensure accurate economic statistics.

Dr. Muda Yusuf, CEO of CPPE, emphasized the importance of aligning CPI computation with economic realities to rebuild trust in statistical outcomes.

The inflation data revealed a decline of 15.15% in December 2025, driven by a significant drop in food prices, indicating positive developments in household economics. However, sustaining this progress requires urgent action to address structural cost pressures and support agricultural production.