Nigeria's Headline Inflation Rate Eases to 20.12% in August 2025

Nigeria's headline inflation rate dropped to 20.12% in August 2025, marking the fifth consecutive monthly decrease. The National Bureau of Statistics (NBS) reported a moderation in the average price level compared to the previous month, indicating a slowdown in price increases.

Urban and rural inflation rates also showed declines compared to the previous year. Food prices, a significant driver of inflation, moderated in August 2025, with notable decreases in staple food prices.

The drop in headline inflation provides relief to consumers grappling with high living costs, especially in the face of ongoing economic challenges.