Abuja: Nigeria’s headline inflation rate reached 15.15% in December 2025, as reported by the National Bureau of Statistics (NBS). The Statistician-General, Adeyemi Adeniran, revealed these figures in a statement on the Consumer Price Index (CPI) and Inflation Report for December 2025, released in Abuja.
According to News Agency of Nigeria, the CPI increased to 131.2% in December 2025, reflecting a 0.7-point rise from the previous month. Adeniran stated that the headline inflation rate for December was based on a 12-month index reference period, with 2024 as the base year. On a month-on-month basis, the inflation rate was recorded at 0.54%, a decrease from November’s 1.22%.
Adeniran highlighted that the primary contributors to the year-on-year inflation were food and non-alcoholic beverages at 6.06%, restaurants and accommodation services at 1.96%, and transport at 1.62%. Conversely, the least contributors included recreation, sports, and culture at 0.05%, alcoholic beverages, tobacco, and narcotics at 0.05%, and insurance and financial services at 0.07%.
The food inflation rate in December stood at 10.84% year-on-year. On a month-on-month basis, it decreased by 1.49%, dropping to -0.36% from the previous month’s 1.13%. The decline was attributed to reduced prices of items such as tomatoes, garri, eggs, and vegetables.
The core inflation rate was 0.58% in December, a decrease from November’s 1.28%. The sub-indices for December indicated that energy was the only category with a significant increase, reaching 2.74%. Other indices such as farm produce, services, and goods showed declines.
Adeniran noted that the urban inflation rate was 14.85% year-on-year in December, with a slight month-on-month increase to 0.99%. The rural inflation rate was 14.56% year-on-year and showed a significant month-on-month decrease to -0.55%.
Analyzing state profiles, Abia recorded the highest year-on-year inflation rate at 19.03%, followed by Ogun and Katsina. Sokoto had the lowest rise at 8.61%. On a month-on-month basis, Cross River topped the list, while Ondo experienced the most significant decline.
Regarding food inflation, Yobe had the highest year-on-year rate at 15.25%. Imo saw the highest month-on-month increase, whereas Plateau recorded the largest decline.
The NBS cautioned that CPI analysis at the state level should consider varying consumption expenditure patterns, making interstate comparisons potentially misleading. The agency also mentioned the recent rebasing of the CPI, adjusting the base year from 2009 to 2024, with 2023 as the reference period for expenditure weights.