Nigeria’s headline inflation rate has slowed to 23.71 percent in April 2025 from 24.23 percent recorded in March, the National Bureau of Statistics said in its updated report.
The new figure is contained in the Bureau’s Consumer Price Index (CPI) released on Thursday.
According to the NBS, the movement for April 2025 “headline inflation rate showed a decrease of 0.52% compared to the March 2025 Headline inflation rate”.
“On a month-on-month basis, the Headline inflation rate in April 2025 was 1.86%, which was 2.04% lower than the rate recorded in March 2025 (3.90%),” NBS said.
“This means that in April 2025, the rate of increase in the average price level is lower than the rate of increase in the average price level in March 2025.”
