Just In: Inflation drops to 21.8% in August
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Just In: Inflation drops to 21.8% in August

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Just In: Inflation drops to 21.8% in August

Admin By Adewale Adewale
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The National Bureau of Statistics (NBS) has said headline inflation declined to 20.12% in August 2025 from 21.88% in July 2025.

NBS attributed the reduction to the lower cost of foods, electricity, gas, and transportation.

This was contained in its document titled: “Consumer Price Index (CPI) 2025.”

The document said, In August 2025, the Headline inflation rate eased to 20.12% relative to the July 2025 headline inflation rate of 21.88%.”

According to NBS, the CPI rose to 126.8 in August 2025, reflecting a 0.9-point increase from the preceding month (125.9).

Looking at the movement, said NBS, the August 2025 Headline inflation rate showed a decrease of 1.76% compared to the July 2025 Headline inflation rate.

It further noted that on a year-on-year basis, the Headline inflation rate was 12.03% lower than the rate recorded in August 2024 (32.15%).

The Bureau said, “On a month-on-month basis, the Headline inflation rate in August 2025 was 0.74%, which was 1.25% lower than the rate recorded in July 2025 (1.99%). This means that in August 2025, the rate of increase in the average price level was lower than the rate of increase in the average price level in July 2025.”

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