Nigeria Verbraucherpreise

Nigeria’s annual inflation rate fell further to 16.05% in October 2025, the softest since March 2022, from 18.02% in the prior month. This marked the seventh consecutive month of slowing price growth. Food inflation, the largest component of the inflation basket, recorded another sharp decline to 13.12%, from 16.87% in September, helped by the ongoing harvest and a stronger currency. The core inflation rate, which strips out the volatile prices of agricultural produce and energy, slowed for the fourth month to 18.7% in October, the lowest since February 2023, from 19.5% in September. On a monthly basis, the CPI rose by 0.9% In October, after increasing by 0.7% in the prior month.