Food inflation in Nigeria eased to 16.87 per cent in September 2025, down from 21.87 per cent in August, following a decline in the prices of maize and grains.
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Decline driven by harvest season
Data from the National Bureau of Statistics (NBS) released on Wednesday showed that food inflation contracted by 1.57 per cent month-on-month, indicating that food supply in September outpaced demand, resulting in deflation.
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Headline inflation also falls
During the same period, headline inflation dropped to 18.02 per cent from 20.12 per cent in August. The NBS noted that lower average prices of maize, grains, garri, beans, millet, potatoes, eggs, tomatoes, and peppers contributed to the decline.
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State-by-state analysis
On a year-on-year basis, food inflation was highest in Ekiti (28.68%), Rivers (24.18%), and Nasarawa (22.74%). Experts attribute the overall decline to ongoing harvests across major food-producing regions.
