Nigeria’s Inflation Rate Falls to 21.88% in July 2025, Fourth Drop This Year

Sodiq Olaitan
  • National Bureau of Statistics (NBS) reports headline inflation at 21.88% in July, down from 22.22% in June.

  • This marks the fourth consecutive disinflation recorded in 2025.

  • Data released in the NBS Consumer Price Index (CPI) report on Friday.

Nigeria’s headline inflation rate declined to 21.88 percent in July 2025, down from 22.22 percent recorded in June, according to the National Bureau of Statistics (NBS).

The reduction was confirmed in the NBS Consumer Price Index (CPI) report, released on Friday, highlighting a continuing trend of easing price pressures across the economy.

This represents the fourth disinflation recorded in Nigeria in 2025, reflecting incremental improvements in price stability.

 

More details to come…

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