Inflation rate drops to 20.12% in August 

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Inflation complaint   drops to 20.12% successful  August 

•As Borno authorities records highest YoY nutrient inflation 

By Elizabeth Adegbesan 

Nigeria’s inflation rate eased by1.76 percent to 20.12 percent successful August 2025 from 21.88 percent successful July 2025.

This represents the 5th consecutive period diminution since April 2025 erstwhile it stood astatine 23.71 percent .

The National Bureau of Statistics,  NBS, disclosed this connected Monday, successful its Consumer Price Index, CPI, Report for August 2025.

The study stated: “In August 2025, the header ostentation complaint eased to 20.12 percent comparative to the July 2025 header inflation   rate of 21.88 percent.  

 “On a Year-on-Year (YoY) basis, the Headline ostentation complaint was 12.03 percent little than the complaint recorded successful August  2024 (32.15 percent).  

“This shows that the header ostentation complaint (YoY) decreased successful August 2025 compared to the aforesaid period successful the preceding twelvemonth (i.e., August 2024), though with a antithetic basal year,  November 2009 = 100.”

The study besides showed that the diminution successful municipality ostentation astatine 19.75 percent is astatine a higher gait compared to diminution successful agrarian ostentation astatine 20.28 percent during the period.

“Food ostentation besides fell to 21.87 percent successful August from 22.7 percent successful July 2025 owing to diminution successful the mean prices of atom (Imported), atom (local), Guinea corn  flour, Maize flour sold loose, Guinea maize (Sorghum), Millet, Eemolina, Soya milk, etc.

“The Food ostentation complaint successful August 2025 was 21.87 percent connected YoY basis.  

“This was 15.65 percent points  little compared to the complaint recorded successful August 2024 (37.52 percent).  

“The important diminution successful the yearly food  ostentation fig is technically owed to the alteration successful the basal year.”

The study besides showed that successful August 2025, nutrient ostentation connected a Year-on-Year ground was highest successful Borno (36.67 percent), Kano (30.44 percent), Akwa Ibom (29.85 percent), portion Zamfara (3.30 percent), Yobe (3.60 percent), and Sokoto (6.34 percent) recorded the slowest emergence successful Food ostentation connected YoY basis.  

The station Inflation complaint drops to 20.12% successful August  appeared archetypal connected Vanguard News.

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