Home News Inflation Rate declines in April: Harbinger of better things To Come: NBS report
News

Inflation Rate declines in April: Harbinger of better things To Come: NBS report

Share
Share

In April 2025, the headline inflation rate eased to 23.71% relative to the March 2025 headline inflation rate of 24.23%. Looking at the movement, the new inflation rate showed a decrease of 0.52% compared to the March 2025 Headline inflation rate.

On a year-on-year basis, the Headline inflation rate was 9.99% lower than the rate recorded in April 2024 (33.69%). This shows that the Headline inflation rate (year-on-year basis) decreased in April 2025 compared to the same month in the preceding year (i.e., April 2024), though with a different base year, November 2009 = 100.

Furthermore, on a month-on-month basis, the Headline inflation rate in April 2025 was 1.86%, which was 2.04% lower than the rate recorded in March 2025 (3.90%). This means that in April 2025, the rate of increase in the average price level is lower than the rate of increase in the average price level in March 2025.

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

NNPP Faction To Kwankwaso: You Are Free To Join APC After Ganduje’s Resignation

Following the rumours making the rounds that Rabiu Kwankwaso, the New Nigeria...

NIS Concludes strategic border tour

The Nigeria Immigration Service conducted a strategic border assessment tour of Jibiya...

Revealed-Real Reasons Tinubu Visit Saint Lucia

The Presidency on Sunday, disclosed reasons  for President Bola Ahmed Tinubu’s visit...

2027: APC South-South Govs, Leaders Give Reasons For Endorsing Tinubu

The All Progressive Congress (APC) governors and leaders of the party in...