You are currently viewing ‎JUST IN: Inflation Drops To 16.05%

‎JUST IN: Inflation Drops To 16.05%

‎The National Bureau of Statistics, (NBS), on Monday said that in October 2025, Inflation reduced to 16.05 per cent from 18.02 per cent in September 2025, DECENCY GLOBAL NEWS reports.

‎This was contained in the Consumer Price Index (CPI) Report of October.

‎NBS said, “In October 2025, the Headline inflation rate eased to 16.05% relative to the September 2025 headline inflation rate of 18.02%.”

‎The report said the CPI rose to 128.9 in October 2025, reflecting a 1.2-point increase from the preceding month (127.7).

‎According to NBS, looking at the movement, the October 2025 Headline inflation rate showed a decrease of 1.96 per cent compared to the September 2025 Headline inflation rate.

‎On a year-on-year basis, NBS said the Headline inflation rate was 17.82 per cent lower than the rate recorded in October 2024 (33.88 per cent).

‎The report said this shows that the Headline inflation rate (year-on-year basis) decreased in October 2025 compared to the same month in the preceding year (i.e., October 2024), though with a different base year, November 2009 = 100.

‎NBS added, “On a month-on-month basis, the Headline inflation rate in October 2025 was 0.93%, which was 0.21% higher than the rate recorded in September 2025 (0.72%).

‎“This means that in October 2025, the rate of increase in the average price level was higher than the rate of increase in the average price level in September 2025.”

‎

‎

Leave a Comment