Nigeria’s inflation rate increased to 15.15 percent in December last year. The National Bureau of Statistics (NBS) disclosed this in its latest Consumer Price Index (CPI) data released on Thursday in Abuja.
The country recorded an inflation rate of 14.45 percent in November.
The report showed a 0.7 percent month-on-month increase, while food inflation eased slightly from 11.08 percent in November to 10.84 percent in December. Year-on-year, food inflation declined from 39.84 percent in December 2024.
“The CPI rose to 131.2 in December 2025, up by 0.7 points from the previous month. The headline inflation rate of 15.15% is 19.65 percentage points lower than December 2024,” the NBS stated.
The data reflects a moderation in inflation compared to last year, even as some analysts had projected a December spike.
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