Nigeria’s headline inflation rate has fallen to 16.05 percent for October 2025, marking the seventh consecutive month of decline, according to the latest consumer price index (CPI) report released by the National Bureau of Statistics (NBS) on Monday. The drop reflects a continued easing of price pressures across several key sectors, offering cautious optimism for households and businesses grappling with long-standing economic strain.
Jocomms Correspondent reports that the sustained downward trend is being viewed as a notable achievement for fiscal and monetary authorities who have intensified efforts to stabilise the economy through targeted interventions. Analysts say improved food supply chains, moderated exchange rate volatility, and ongoing market reforms have contributed to the gradual softening of inflation. However, they warn that price levels remain high relative to historical averages, meaning many Nigerians may not yet feel the full relief of the decline.
With inflation finally showing consistent signs of restraint after years of volatility, attention now shifts to whether the momentum can be sustained through the end of the year and into 2026. As policymakers weigh their next steps, one critical question emerges—can Nigeria maintain this trajectory long enough for citizens to truly feel the impact? Visit www.jocomms.com for more news.
