Nigeria’s headline inflation charge decreased to 16.05% in October, down from 18.02% in September 2025.
The Nationwide Bureau of Statistics (NBS) reported that the determine decreased by 1.96 per cent in comparison with the September 2025 headline inflation charge.
In the meantime, the meals inflation charge in October 2025 was 13.12% in comparison with the identical month within the earlier yr. This was 26.04 share factors decrease in comparison with the speed recorded in October 2024 (39.16%).
The numerous decline within the annual meals inflation determine is technically as a result of change within the base yr.
Nevertheless, on a month-on-month foundation, the meals inflation charge in October 2025 was -0.37 per cent, up by 1.21 per cent in comparison with September 2025 (-1.57 per cent).
On a year-on-year foundation, the headline inflation charge was 17.82 per cent decrease than the speed recorded in October 2024 (33.88 per cent).
This exhibits that the headline inflation charge (year-on-year foundation) decreased in October 2025 in comparison with October 2024, although with a unique base yr, November 2009 = 100.
On a month-on-month foundation, the headline inflation charge in October 2025 was 0.93 per cent, which was 0.21 per cent larger than the speed recorded in September 2025 (0.72 per cent).
Which means that in October 2025, the speed of enhance within the common worth degree was larger than the speed of enhance in September 2025.
The proportion change within the common worth index for the 12 months ending October 2025 over the typical for the earlier 12-month interval was 22.02 per cent, displaying a ten.24 per cent lower in comparison with 32.26 per cent recorded in October 2024.
On a year-on-year foundation, in October 2025, the city inflation charge was 15.65 p.c, displaying 20.73 p.c factors decrease in comparison with the 36.38 p.c recorded in October 2024.
On a month-on-month foundation, the city inflation charge was 1.14 p.c in October 2025, up by 0.4 p.c in comparison with September 2025 (0.74 p.c).
The corresponding twelve-month common for the City inflation charge was 22.68 per cent in October 2025. This was 11.84 per cent factors decrease in comparison with the 34.52 per cent reported in October 2024.
NBS put the agricultural inflation charge in October 2025 at 15.86 per cent on a year-on-year foundation. This was 15.73 per cent factors decrease in comparison with the 31.59 per cent recorded in October 2024.
On a month-on-month foundation, the agricultural inflation charge in October 2025 was 0.45 per cent, down by 0.22 per cent in comparison with September 2025 (0.67 per cent).
The corresponding 12-month common for the agricultural inflation charge in October 2025 was 20.81 per cent.
This was 9.42 per cent factors decrease in comparison with the 30.24 per cent recorded in October 2024.
