Nigeria’s inflation slows to 21.8% four times in a row, but food prices still bite
- Nigeria's headline inflation slowed down for the fourth consecutive month.
- Consumer prices dropped to 21.8% in July from 22.22% in June 2025.
- Food inflation accelerated to 22.74% from the previous month.
While the decrease in headline inflation is a positive sign for the Central Bank, the persistent rise in food inflation indicates that many households are still struggling. This disconnect suggests that policymakers need to address the underlying issues affecting food prices to provide real relief to consumers.
