July 17, 2025/CSL Research The National Bureau of Statistics (NBS) released the Consumer Price Index (CPI) report for June yesterday, confirming a continued moderation in headline inflation for the third consecutive month, which was in line with our expectations. Headline inflation eased to 22.2% year-over-year (y/y) in June, down from […]
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Nigeria June 2025 CPI: Inflation is Likely to Maintain a Downtrend in July
July 17, 2025/Cordros Report According to data released by the National Bureau of Statistics (NBS), Nigeria’s headline inflation eased by 75bps to 22.22% y/y in June (May: 22.97% y/y). Disaggregating the data, food inflation accelerated by 83bps to 21.97% y/y, while core inflation rose by 48bps to 22.26% y/y. On […]
June 2025 Inflation Report – Annual Headline Inflation Rate Eases Third Consecutive Month
July 17, 2025/InvestmentOne Report Nigeria s annual headline inflation rate eased for the third consecutive month in May 2025 to 22.22%, largely driven by statistical base effect and a relatively stable exchange rate. However, underlying inflationary pressures persisted as the annual food (+0.83% to 21.97%) and core (+0.48% to 22.76%) […]
