Inflation Watch – Nigeria’s Inflation Dips to 22.97% in May
Nigeria’s inflation cooled further in May 2025, with the headline inflation rate falling to 22.97%, down from 23.71% in April. This marks the second consecutive month of deceleration, signaling a consistent moderation in price pressures across the economy. The month-on-month increase in the Consumer Price Index (CPI) slowed to 1.53% in May, compared with 1.86% in April, indicating more modest month-to-month price changes…
