- Headline inflation rises to 15.15% in December
- Analysts say uptick reflects base effects, not fundamentals
ABUJA, NIGERIA – Nigeria’s annual inflation rose to 15.15% in December, ending an eight-month slowdown as seasonal pressures and base effects pushed prices higher, official data showed.
Nigeria’s statistics agency said inflation accelerated from 14.45% in November, marking the first increase since early 2025. On a month-on-month basis, prices rose by 0.54%, sharply slower than the 2.22% increase recorded a month earlier.
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