By Our Reporter
ABUJA (PRECISE POST) – The National Bureau of Statistics (NBS), has released its report, saying that 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.
