### Nigeria's Inflation Rate Declines to 15.15%: A Year of Economic Turmoil In December 2025, Nigeria's inflation rate fell to **15.15%**, a significant drop from **34.80%** earlier in the year. This decline is attributed to a moderation in food prices, which eased to **10.84%**. Despite this positive trend, the cost of living remains a challenge for many Nigerians, reflecting ongoing economic pressures. The National Bureau of Statistics (NBS) reported this data, indicating a shift in the economic landscape after a year marked by severe price shocks and inflationary pressures [https://www.legit.ng/business-economy/economy/1692699-nigerias-inflation-finally-cools-1515-a-brutal-year-price-shocks][https://von.gov.ng/nigerias-inflation-rate-eases-to-15-15-percent-nbs]. ### Breakdown of Nigeria's Inflation Trends and Influences 1. **Inflation Rate Overview**: - The headline inflation rate decreased to **15.15%** in December 2025 from **17.33%** in November 2025, marking a notable improvement in price stability [https://wabusinessnewsng.com/nigerias-inflation-rate-drops-to-15-from-17-33-in-november-nbs]. - The Consumer Price Index (CPI) rose to **131.2** in December, up from **130.5** in November, indicating a slower month-on-month inflation rate of **0.54%** compared to **1.22%** previously [https://businesstodayng.com/nigerias-cpi-shows-moderation-as-inflation-falls-to-15-15]. 2. **Food and Energy Prices**: - Food inflation has moderated significantly, contributing to the overall decline in the inflation rate. The easing of food prices is a critical factor in the improved economic outlook [https://arise.tv/nigerias-inflation-eases-to-15-15-as-energy-food-prices-moderate]. - Energy prices also showed signs of moderation, which has been beneficial for households facing high living costs [https://www.arise.tv/nigerias-inflation-eases-to-15-15-as-energy-food-prices-moderate]. 3. **Methodological Changes**: - The NBS implemented a methodological review of the CPI, which has influenced the reported inflation figures. This recalibration aims to provide a more accurate reflection of economic realities [https://nairametrics.com/2026/01/15/nigeria-inflation-hits-15-15-by-december-2025-after-cpi-methodology-review]. - The review has led to a recalculation of previous inflation rates, which now reflect a more realistic economic scenario [https://thewillnews.com/nigerias-inflation-rises-to-15-15-after-methodology-review]. ### Supporting Data and Economic Indicators - **Inflation Rates**: - December 2025: **15.15%** - November 2025: **17.33%** - Year-on-Year Comparison: Significant decrease from earlier highs [https://dailypost.ng/2026/01/15/nigerias-inflation-rises-to-15-15-in-december]. - **Consumer Price Index (CPI)**: - December 2025: **131.2** - November 2025: **130.5** - Month-on-Month Inflation Rate: **0.54%** [https://businesstodayng.com/nigerias-cpi-shows-moderation-as-inflation-falls-to-15-15]. ### Conclusion: A Path Towards Economic Stabilization The decline in Nigeria's inflation rate to **15.15%** in December 2025 signals a potential turning point for the economy after a tumultuous year characterized by high inflation and price shocks. 1. **Key Findings**: - The reduction in inflation is primarily driven by easing food and energy prices, which have alleviated some financial pressures on households. - Methodological changes in the CPI calculation have provided a clearer picture of the economic landscape, allowing for better policy responses. 2. **Future Outlook**: - Continued monitoring of inflation trends and economic indicators will be essential for assessing the sustainability of this decline and the overall health of Nigeria's economy moving forward [https://globalfinancialdigest.com/nigeria-says-inflation-falls-to-15-15-in-december-after-nbs-methodology-review].