Nigerias headline inflation rate eased to 23.18 in February 2025, down from 24.48 recorded in January 2025, according to the latest report by the National Bureau of Statistics NBS.
This represents a 1.30 decrease from the previous month, indicating that price pressures are moderating and are expected to continue easing in the coming months.
On a year-on-year basis, the February 2025 inflation rate was 8.52 lower than the 31.70 recorded in February 2024, marking a significant decline.
On a month-on-month basis, the inflation rate stood at 2.04 in February 2025.
