Nigeria’s headline inflation rate has continued its downward trend, falling to 18.02 percent in September 2025, compared to 20.12 percent recorded in August, according to new data released by the National Bureau of Statistics (NBS) on Wednesday.
The latest figures show a 2.1 percentage point decrease, marking the sixth straight month of decline in the country’s inflation rate since April 2025. The NBS report highlighted that this consistent drop suggests that recent monetary and fiscal policies may be yielding positive results in stabilizing prices across various sectors of the economy.
Economic experts say the trend could signal a gradual improvement in purchasing power and price control if maintained over the coming months. However, they caution that food inflation and energy costs still pose a challenge to overall economic stability.
Okay News reports that the reduction in headline inflation has sparked cautious optimism among analysts and citizens who have been grappling with the effects of high living costs in previous quarters. The bureau is expected to provide more detailed breakdowns of core inflation, food inflation, and urban-rural price movements in its forthcoming comprehensive report.
The NBS emphasized that continued efforts to maintain stable exchange rates, improve local production, and ensure consistent policy direction will be crucial in sustaining the downward inflation trend through the rest of the year.
More updates are expected as the bureau releases a full sectoral analysis in the coming days.
