May 16, 2025/Cordros Report According to the National Bureau of Statistics (NBS), Nigeria’s headline inflation moderated by 52bps to 23.71% y/y (March: 24.23% y/y). A breakdown of the data shows food inflation easing by 53bps to 21.26% y/y, while core inflation fell by 105bps to 23.39% y/y. On a month-on-month […]
Updates
Inflation Rises by 23.7% in April, 52bps Lower than Prior Month
May 16, 2025/CSL Research According to the latest data from the National Bureau of Statistics (NBS), Nigeria’s headline inflation eased slightly to 23.7% year-on-year (y/y) in April, 52 basis points lower than the 24.2% recorded in March. We highlight that the main contributors to the rise in the Consumer Price […]
Inflation Report April 2025
May 16, 2025/Coronation Report The NBS announced its April Inflation numbers: Headline rate: 23.71%y/y (24.23 y/y in March) Core rate: 23.39% y/y Food rate: 21.26% y/y The National Bureau of Statistics reported that the headline inflation rate for April 2025 declined by 0.52% to 23.71% compared to […]
