Headline inflation fee eased to 22.97% in Might 2025, relative to the April 2025 headline inflation fee of 23.71%, the Nationwide Bureau of Statistics (NBS) mentioned in a brand new information launched on Monday.
The NBS information confirmed that on a month-on-month foundation, meals inflation fee in Might 2025 was 2.19%, up by 0.12% in comparison with April 2025 (2.06%).
The rise was attributed to the speed of lower within the common costs of yam, cassava tuber, maize, flour, candy potatoes amongst others.
Nonetheless, on a year-on-year foundation, meals inflation fee lowered to 21.14% in Might 2025.
This was 19.52% factors decrease in comparison with the speed recorded in Might 2024 (40.66%). “The numerous decline within the annual meals inflation determine is technically as a result of change within the base 12 months,” NBS mentioned.
The common annual fee of meals inflation for the 12 months ending Might 2025 over the earlier 12-month common was 29.80%, which was 4.26% factors decrease in contrast with the common annual fee of change recorded in Might 2024 (34.06%).
The Might 2025 headline inflation fee decreased by 0.74% in comparison with
the April 2025 inflation fee. On a year-on-year foundation, the headline inflation fee was 10.98% decrease than the speed recorded in Might 2024 (33.95%).
It then exhibits that the headline inflation fee (year-on-year foundation) decreased in Might 2025 in comparison with the identical month within the previous 12 months (i.e., Might 2024), although with a unique base 12 months, November 2009 = 100.
On a month-on-month foundation, the Headline inflation fee in Might 2025 was 1.53%, which was 0.33% decrease than the speed recorded in April 2025 (1.86%).
Which means that in Might 2025, the speed of improve within the common value stage is decrease than the speed of improve within the common value stage in April 2025.
The share change within the common CPI for the twelve months ending Might 2025 over the common for the earlier twelve-month interval was 27.55%, displaying a 1.51% lower in comparison with 29.06% recorded in Might 2024.
City inflation fee was 23.14%, 13.20% factors decrease in comparison with the 36.34% recorded in Might 2024. On a month-on-month foundation, the City inflation fee was 1.40% in Might 2025, up by 0.22% in comparison with April 2025 (1.18%).
The corresponding twelve-month common for the City inflation fee was 29.30% in Might 2025. This was 1.77% factors decrease in comparison with the 31.07% reported in Might 2024.
Additionally, inflation fee within the rural areas was 22.70% within the month underneath evaluation. This was 9.12% factors decrease in comparison with the 31.82% recorded in Might 2024.
On a month-on-month foundation, the Rural inflation fee in Might 2025 was 1.83%, down by 1.72% in comparison with April 2025 (3.56%).
The corresponding 12 month common for the Rural inflation fee in Might 2025 was 25.56%.
This was 1.71% factors decrease in comparison with the 27.27% recorded in Might 2024.
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