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Borno State Tops In Food Inflation As Nigeria Records 21. 88 Percent Headline Inflation

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National Bureau of Statistics (NBS) has disclosed decrease in inflation to 21.88 percent in the month of July as against 22.22 percent recorded in the previous month of June, 2025 with food and non-alcoholic beverages driving it.

The headline inflation rate for July 2025 decreased to 21.88% compared to the June 2025 rate of 22.22%. This represents a decline of 0.34% from June 2025.

This is even as Borno State recorded highest in food inflation at 55.56% year-on-year and 10.89% month-to-month in the month of July, 2025.

According to statistics released by the NBS, the three major contributors to the headline inflation were Food and non-alcoholic Beverages: 8.75%, Restaurants & Accommodation Services: 2.83%, and Transport: 2.33%; while the least contributors were Recreation, Sport, and Culture: 0.07%, Alcoholic Beverages, Tobacco, and Narcotics: 0.08%, and Insurance and Financial Services: 0.10.

However, on a month-on-month basis, the headline inflation rate in July 2025 was 1.99%, which was 0.31% higher than the rate recorded in June 2025 (1.68%).

The food inflation rate in July 2025 was 22.74% on a year-on-year basis. On a month-on-month basis, the food inflation rate in July 2025 was 3.12%, which fell by 0.14% compared to June 2025 (3.25%).

The decrease can be attributed to the rate of decrease in average prices of items such as Vegetable Oil, Bean (White), Rice Local, Maize Flour, Guinea Corn (Sorghum), Wheat Flour, Millet Whole grain, etc.

The Core inflation, which excludes the prices of volatile agricultural produce and energy, stood at 21.33% in July 2025 on a year-on-year basis. On a month-on-month basis, the core inflation rate was 0.97% in July 2025, down by 1.49 percentage points from 2.46 recorded in June 2025.

On state-level analyses of the food index in July 2025, Food inflation on a Year-on-Year basis was highest in Borno (55.56%), Osun (29.10%), Ebonyi (29.06%), while Katsina (6.61%), Adamawa (9.90%), and Zamfara (14.72%) recorded the slowest rise in Food inflation on a Year-on-Year basis.

On a Month-on-Month basis, however, July 2025 Food inflation was highest in Borno (10.89%), Kano (10.86%), and Sokoto (7.43%), while Zamfara (-6.00%), Bauchi (-2.18%) and Abia (-1.06%), recorded decline in Food inflation on Month-on-Month basis

 

 

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