Nigeria’s Inflation Eases, Boosting Case for Rate Pause
- Nigeria's headline inflation rate declined to 23.71% in April 2025, as reported by the National Bureau of Statistics in Abuja.
- The easing came after a series of interest rate increases intended to support the naira's stability and reduce inflation in the lead-up to the Monetary Policy Committee meeting on May 19.
- Food inflation moderated to 21.26% supported by stable supply and subdued demand, while core inflation remained elevated at 23.39% due to import costs from currency depreciation.
- Senior analysts Felicia Awolope and Victor Onyema noted that inflation may stay manageable if the exchange rate holds and commodity prices ease, but renewed naira weakness could reignite inflation.
- The April inflation decline strengthens arguments for the MPC to hold interest rates, though inflation remains high, requiring cautious monetary policy balancing control with growth.
15 Articles
15 Articles
Nigeria’s Inflation Eases to 23.71% in April - Tech
Nigeria’s headline inflation dropped to 23.71% in April 2025, down from 24.23% recorded in March 2025. As revealed in the recent Consumer Price Index (CPI) released by the National Bureau of Statistics on Thursday, the decline represents a 0.52% decline from the March 2025 inflation rate. On a year-on-year basis, inflation decreased by 9.99% compared to the 33.69% recorded in April 2024. Month-on-month, headline inflation stood at 1.86% in April…
Nigeria’s inflation rate eases to 23.71% in April – NBS — National Accord Newspaper %
The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate eased to 23.71 per cent in April The post Nigeria’s inflation rate eases to 23.71% in April – NBS appeared first on National Accord Newspaper.
Nigeria's Inflation Slows to 23.71% in April 2025
By Adedapo Adesanya • Strengthens case for MPC to cut or pause interest rates next week Nigeria’s headline inflation rate eased to 23.71 per cent in April 2025, reflecting a 0.52 percentage point decline from the 24.23 per cent recorded in March. This was disclosed in the latest Consumer Price Index (CPI) Report released by […]
Inflation Drops To 23.71% Ahead CBN MPC Meeting
Nigeria’s headline inflation rate fell to 23.71 per cent in April 2025, down from 24.23 per cent in March 2025, according to new statistics issued by the National Bureau of Statistics. This signifies a 0.52 percentage point decrease from last month, suggesting a more gradual increase in the overall price level of goods and services across the country. The relaxation aligns with a major revision to the Consumer Price Index (CPI), following the NB…
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