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The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate slightly dropped to 23.71 percent in April 2025 – down from the 24.23 percent in March.
NBS announced the increase in its consumer price index (CPI) on Thursday.
According to the bureau, the movement for April 2025 “headline inflation rate showed a decrease of 0.52% compared to the March 2025 Headline inflation rate”.
“On a month-on-month basis, the Headline inflation rate in April 2025 was 1.86%, which was 2.04% lower than the rate recorded in March 2025 (3.90%),” NBS said.
“This means that in April 2025, the rate of increase in the average price level is lower than the rate of increase in the average price level in March 2025.”
