Nigeria’s headline inflation rate has dropped to 18.02 percent in September 2025, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) on Wednesday.
The report marks a notable decline in the country’s inflation rate, reflecting a slowdown in the pace of price increases for goods and services across key sectors of the economy.
Although the NBS did not immediately provide detailed figures for food, core, and urban inflation indices, the agency noted that the decline represents an easing of inflationary pressures witnessed over the past several months.
Nigeria has faced persistently high inflation in recent years, driven by rising food and energy costs, foreign exchange volatility, and the impact of subsidy removals and other economic reforms.
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The latest figure suggests that government policies aimed at stabilizing prices and boosting domestic production may be beginning to yield positive results.
Analysts, however, caution that while the decline is encouraging, sustained efforts are required to consolidate the gains and ensure that the reduction in inflation translates into real relief for Nigerian households.
The NBS is expected to release a detailed breakdown of the CPI report later this week, providing further insight into the specific drivers of the decline in headline inflation.