April 16, 2025/Coronation Research The NBS announced its March Inflation numbers: Headline rate: 24.23%y/y (23.18% y/y in February) Core rate: 24.4% y/y Food rate: 21.79%y/y Food inflation eased to 21.79%y/y compared to 23.51% as of February 2025, but on a month-by-month basis it rose by 2.18%. […]
OPINION/EDITORIAL
Inflation Surprises to the Upside
April 16, 2025/CSL Research Nigeria’s headline inflation surprised to the upside in March, with the Consumer Price Index (CPI) climbing to 24.2% year-on-year (y/y), up from 23.2% in February, according to the National Bureau of Statistics (NBS). In terms of contributions to the increase in inflation, food and non-alcoholic beverages […]
Nigeria March 2025 CPI: Consumer Prices Could Increase Further in April
April 16, 2025/Cordros Report According to the recently released data by the National Bureau of Statistics (NBS), headline inflation expanded by 105bps to 24.23% y/y in March (February: 23.18% y/y), bucking the slowdown trend from the prior two months since the CPI rebasing. A breakdown of the data shows that […]
