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September 2025 Inflation Stands At 18.02 Percent, NBS Declares

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2 weeks ago

October 15, 2025

Statistics from the National Bureau of Statistics (NBS) on Wednesday, showed a decrease in inflationary trends from 20.12 percent recorded in the previous month of August to 18.02 percent in September 2025.

This is even as Food inflation was highest in Zamfara (15.62%) and Ekiti (12.77%), states.

On the whole, the major drivers of the September 2025 inflation still remain Food & Non-Alcoholic Beverages (7.21), Restaurants and Accommodation Services (2.33), Transport (1.92), Housing, Water, Electricity, Gas, and Other Fuels (1.52).

According to the Bureau in its Consumer Price Index (CPI) report released Wednesday, “Looking at the movement, the September 2025 Headline inflation rate showed a decrease of 2.1% compared to the August 2025 Headline inflation rate.”

It observed further that on a year-on-year basis, the Headline inflation rate was 14.68% lower than the rate recorded in September 2024 (32.70%).

NBS explained that the statistics showed the Headline inflation rate (year-on-year basis) decreased in September 2025 compared to the same month in the preceding year (i.e. September 2024), though with a different base year, November 2009 = 100.

“However, on a month-on-month basis, the Headline inflation rate in September 2025 was 0.72%, which was 0.02% lower than the rate recorded in August 2025 (0.74%).

“This means that in September 2025, the rate of increase in the average price level was lower than the rate of increase in the average price level in August 2025“, it stated.

Of particular interest in September 2025, is food inflation on a Year-on-Year basis which was highest in Ekiti (28.68%), Rivers (24.18%), Nasarawa (22.74%), while Bauchi (2.81%), Niger (8.38%), and Anambra (8.41%) recorded the slowest rise in Food inflation on Year-on-Year basis.

It said “On a Month-on-Month basis, however, September 2025 Food inflation was highest in Zamfara (15.62%), Ekiti (12.77%), Sokoto (12.55%), and while Akwa Ibom (-12.97%), Borno (-12.95%), and Cross River (-10.36%) recorded decline in Food inflation on Month-on-Month basis.”