The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate stood at 15.15 per cent in December 2025, reflecting a moderation in price pressures driven largely by a decline in food prices.
The NBS made this known via its X handle @NBS_Nigeria, which showed the December 2025 CPI Report
The CPI report was released by the Statistician-General of the Federation, Prince Adeyemi Adeniran.
The Consumer Price Index (CPI) rose to 131.2 in December, a 0.7-point increase from November, following the recent rebasing of the CPI to a 2024 base year with 2023 as the weight reference period.
On a month-on-month basis, headline inflation slowed to 0.54 per cent, down sharply from 1.22 per cent recorded in November.
Food inflation eased to 10.84 per cent year-on-year, while prices declined by 0.36 per cent month-on-month, compared with a 1.13 per cent increase in November.
The bureau attributed the drop to lower average prices of staples such as tomatoes, garri, eggs, potatoes, millet, vegetables, beans, wheat grain and onions.
Core inflation, which excludes volatile agricultural produce and energy, remained elevated at 18.63 per cent year-on-year. However, it also slowed on a monthly basis to 0.58 per cent from 1.28 per cent in November.
Food and non-alcoholic beverages remained the largest contributor to headline inflation at 6.06 per cent, followed by restaurants and accommodation services (1.96 per cent) and transport (1.62 per cent.
The least contributors were recreation, sport and culture, alcoholic beverages and tobacco, and insurance and financial services.
Among newly introduced sub-indices, energy inflation rose sharply by 2.74 per cent in December, while farm produce declined by 0.41 per cent. Services and goods recorded modest increases of 0.15 per cent and 0.64 per cent respectively.
Urban inflation stood at 14.85 per cent year-on-year, with a month-on-month increase of 0.99 per cent. In contrast, rural inflation was 14.56 per cent year-on-year and declined by 0.55 per cent month-on-month, reflecting easing price pressures in rural areas.
At the state level, Abia (19.03 per cent), Ogun (18.80 per cent) and Katsina (18.66 per cent) recorded the highest year-on-year headline inflation, while Sokoto (8.61 per cent), Plateau (9.05 per cent) and Kaduna (10.38 per cent) posted the lowest. Month-on-month, Cross River, Abia and Delta saw the steepest increases, while Ondo, Gombe and Jigawa recorded declines.
For food inflation, Yobe, Ogun and Abuja recorded the highest year-on-year increases, while Akwa Ibom, Sokoto and Plateau recorded the slowest growth. On a monthly basis, food prices rose most in Imo, Nasarawa and Yobe, but declined in Plateau, Rivers and Zamfara.
NBS