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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%). […]

May Inflation Falls for the Second Consecutive Month

June 17, 2025/InvestmentOne Report During May 2025, headline inflation decelerated both year-on-year (YoY) and month-on-month (MoM), driven by a mix of statistical base effects, softer food price trends, and moderated core inflation. Year-on-year, inflation declined by 74bps, easing to 22.97% in May from 23.71% in April, marking the second straight […]