Nigeria’s headline inflation rate eased slightly in June 2025, settling at 22.22%, according to the latest figures released by the National Bureau of Statistics (NBS).
This marks a modest decline from the 22.97% recorded in May 2025, signaling a potential slowdown in inflationary pressures across the country.
The report also highlighted that the year-on-year food inflation rate stood at 21.97% in June, continuing to pose a challenge to household budgets amid fluctuating commodity prices and persistent supply chain issues.
Core inflation, which excludes the prices of volatile agricultural products and energy, was recorded at 22.76% year-on-year.
This figure reflects underlying inflationary trends and remains a point of concern for policymakers striving to stabilize the economy.
