BREAKING: Nigeria’s inflation rate drops to 21.8%
[NigerianEye - Nigeria] - 15/08/2025
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate dropped to 21.88 percent in July 2025, down from 22.22 percent June. The NBS announced the reduction in its consumer price index (CPI) report, released on Friday. This is the fourth disinflation recorded in 2025. In the report, the bureau said the movement for July 2025 headline inflation rate showed a “decrease of 0.34% compared to the June 2025 headline inflation rate”. “On a year-on-year basis, the Headline inflation rate was 11.52% lower than the rate recorded in July 2024 (33.40%),” NBS said. “On a (…)
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