IMF Backs Nigeria's CPI Rebasing as Inflation Eases to 15.15%
The International Monetary Fund (IMF) has supported Nigeria's Consumer Price Index (CPI) rebasing following a decrease in inflation to 15.15% in December 2025. The revised methodology adopted by the National Bureau of Statistics (NBS) aligns with international best practices, enhancing macroeconomic stability.
The IMF's endorsement signifies a positive outlook for Nigeria's economy, with inflationary pressures easing. The new CPI calculation approach replaces the previous year-on-year method with a twelve-month reference period, improving data quality and accuracy.
This move is crucial for avoiding statistical distortions and reflecting real price pressures accurately.
Plus234Feed summary based on reporting from Nairametrics. Read the original report below.
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