According to the National Bureau of Statistics, Nigeria recorded a food inflation rate of 21.97% year-on-year in June 2025. These figures indicate growing economic pressure on households.
Inflation in the Food Index
In June 2025, the food index inflation rate stood at 21.97% year-on-year, marking a monthly increase of 3.25%.
The data, excluding farm produce and energy, showed an even steeper year-on-year rise of 22.76% with a month-on-month increase of 2.46%. These figures highlight the rising economic strain on Nigeria's population.
Regional Differences in Inflation
Inflation rates also vary significantly across regions. Urban areas witnessed a year-on-year inflation rate of 22.72% with a month-on-month increase of 2.11%, while rural areas recorded a lower rate of 20.85% with a modest increase of 0.63%. This disparity emphasizes the different impacts of inflation across varied living conditions.
Overall Consumer Price Trends
The headline Consumer Price Index (CPI) for Nigeria in June 2025 also reflected this upward trend, recording a year-on-year rate of 22.22% and a month-on-month increase of 1.68%. Over the past 12 months, the CPI peaked at 34.80% before stabilizing at the current figure. The shift from the old base year of 2009 to the new base year of 2024 presents a gradual decline from 23.18% in May to the current level.
The observed food price inflation in Nigeria in June 2025 highlights the challenging economic situation for households, particularly in urban areas where price increases are more pronounced.