Inflation in Nigeria slowed for the third consecutive month in June, with consumer prices rising year-on-year to 22.22 percent, offering a potential relief ahead of the Monetary Policy Committee’s (MPC) crucial interest rate decision.
Nigeria’s headline inflation rate slowed for the third consecutive month to 22.22 percent in June 2025 from 22.97 percent in May, according to the National Bureau of Statistics (NBS)
On a month-on-month basis, inflation declined significantly to 1.68 percent in June from 1.53 percent in May, indicating a higher pace of price rise across the economy.