Nigeria Inflation Rises To 15.15 Percent In December As Food Prices Ease
Nigeria’s inflation climbed to 15.15 percent in December 2025, up from 14.45 percent in November, according to the National Bureau of Statistics (NBS). The CPI data released on Thursday showed that the overall price level increased by 0.7 percent month-on-month. Food prices, however, eased during the period, with food inflation falling to 10.84 percent in December from 11.08 percent in November. Compared to December 2024, food inflation slowed significantly from 39.84 percent. “The Consumer Price Index (CPI) rose to 131.2 in December 2025, up by 0.7 points from 130.5 in November,” the NBS report noted. The bureau added that the December headline inflation of 15.15 percent was lower than November’s 17.33 percent and down 19.65 percent from the 34.80 percent recorded in December 2024. “This indicates a year-on-year decrease in headline inflation in December 2025 compared to the same month last year, though based on a different reference year (November 2009 = 100),” the report explained. The figures come after analysts had projected a rise in inflation for December.