Festive spending may push Nigeria’s inflation to 32.34% in December – Report

Nairametrics | 03-01-2026 11:52pm |

Nigeria’s inflation rate is projected to rise to 32.34% year-on-year in December 2025, as increased festive-season demand and the statistical effect of the rebased Consumer Price Index combine to lift price pressures. Analysts at Stanbic IBTC Bank also estimate month-on-month inflation at 1.44%, equivalent to a CPI level of 132.34 for the month. The projection

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