June 17, 2025/Cordros Report According to the National Bureau of Statistics (NBS), Nigeria’s headline inflation moderated by 74bps to 22.97% y/y in May (April: 24.23% y/y). Breaking it down, food inflation eased by 12bps to 21.14% y/y (April: 21.26% y/y), while core inflation fell sharply by 110bps to 22.28% y/y […]
Author: InvestAdvocate
May-2025 Inflation Note: Key Inflation Insights and Outlook
June 17, 2025/Coronation Report In May 2025, the headline inflation rate further declined, settling at 22.97% y/y, compared to the 23.71% y/y recorded in April 2025. This represents a decrease of 0.74 percentage points, supported by the high base effect from 2024, relatively cheap PMS, and a comparatively stable Naira […]
Nigeria’s May 2025 Inflation Decline by 0.74% to 22.97%
June 17, 2025/Coronation Report The NBS announced its May Inflation numbers: Headline rate: 22.97%y/y (23.71% y/y in April) Core rate: 22.28% y/y Food rate: 21.14% y/y The National Bureau of Statistics reported that the headline inflation rate for May 2025 declined by 0.74% to 22.97% compared to April 2025 (23.71%). […]
