Inflation Drops to 20.12%

Inflation Drops to 20.12%

The National Bureau of Statistics (NBS) says inflation figure dropped to 20.12 percent in the month of August. A report released on Monday said food inflation also dropped to 1.65% when compared to the 3.12% recorded in the month of July. It attributed the decline to the drop in the average prices of rice (Imported), rice (local), guinea corn flour, maize flour sold loose, guinea corn (sorghum), millet, Semolina, Soya milk etc. The report stated…

Nigeria’s Inflation Falls for Fifth Month in August, Raising Pressure on CBN to Cut Rates

Nigeria’s headline inflation rate eased for the fifth consecutive month in August 2025, dropping to 20.12% from 21.88% in July, according to the latest figures released Monday by the National Bureau of Statistics (NBS). On a month-on-month basis, headline inflation stood at 0.74% in August, reflecting a moderation compared to previous months. The NBS explained […] The post Nigeria’s Inflation Falls for Fifth Month in August, Raising Pressure on …

Nigeria’s inflation rate eases in August –  NBS

The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate eased further to 20.12 per cent in August. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for August 2025, which was released in Abuja on Monday. According to the report, the headline inflation showed a decrease of 1.76  per … The post Nigeria’s inflation rate eases in August –  NBS appeared first on Dateline Nigeria.

Nigeria’s Inflation Rate Falls to 20.12% in August, Fifth Consecutive Drop - Tech

Nigeria’s inflation eased again in August, the fifth month of decline, as headline inflation fell to 20.12% from 21.88% in July 2025. The National Bureau of Statistics (NBS), which released the figures on Monday, noted that the pace of price increases has been slowing across both food and non-food categories.  On a month-to-month basis, Nigeria’s inflation stood at 0.74% in August 2025, well below the 1.99% recorded in July, revealing that consu…

Nigeria’s Inflation Rate Drops To 20.12% In August—NBS

Nigeria’s headline inflation decelerated to 20.12 per cent in August 2025, down from 21.88 per cent recorded in July, according to the latest Consumer Price Index report released by the National Bureau of Statistics. The NBS said on a year-on-year basis, headline inflation stood at 20.12 per cent, 12.03 percentage points lower than the 32.15 per cent recorded in August 2024. The NBS noted that this decline was influenced by the adoption of a new…

Nigeria's Inflation Rate Eases to 20.12% - Voice of Nigeria Broadcasting Service

By Shiktra Shalangwa The National Bureau of Statistics (NBS) says that in August 2025, the headline inflation rate eased to 20.12% relative to the July 2025 headline inflation rate of 21.88%. This means the August 2025 headline inflation rate showed a decrease of 1.76% compared to July 2025. On a year-on-year basis, the headline inflation rate was 12.03 percentage points lower than the rate recorded in August 2024 (32.15%). On a month-on-month b…