Nigeria’s inflation trajectory saw a noteworthy improvement in October 2025, with the headline inflation rate softening to 16.05%, a significant decline from the 18.02% reported in September 2025. The most recent numbers show a modest easing of price pressures across the economy following months of strong inflationary strain. According to the freshly disclosed data, the month-on-month (MoM) headline inflation rate was 0.93%, reflecting a slower pace of price increases than in previous months.
This moderation shows that regulatory initiatives, improved supply circumstances, and market stabilization may be starting to show good consequences.
One of the most notable developments in the study is the movement of food costs. In October, the food inflation rate fell 0.37% month on month, providing a rare and welcome reprieve to consumers beset by rising food expenditures. The decline is due to small improvements in the supply of important food commodities, as well as reduced transportation and logistics demands.
Economists remark that, while year-on-year inflation remains rather high, the lower trend witnessed in October could signal a potential turning point if the underlying sources of inflation are addressed.
