{"id":169845,"date":"2025-07-16T21:33:26","date_gmt":"2025-07-16T20:33:26","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/again-nigerias-inflation-drops-in-june"},"modified":"2025-07-16T22:40:54","modified_gmt":"2025-07-16T21:40:54","slug":"again-nigerias-inflation-drops-in-june","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/again-nigerias-inflation-drops-in-june","title":{"rendered":"Again, Nigeria\u2019s inflation drops in June"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>Nigeria\u2019s headline inflation dropped again in June, falling to 22.22 per cent from 22.97 per cent recorded in May 2025.<\/p>\n

This is according to the National Bureau of Statistics, NBS Consumer Price Index and Inflation Report for June, released on Wednesday.<\/p>\n

Accordingly, the country\u2019s headline inflation decreased by 0.75 per cent on a month-on-month basis.<\/p>\n

Meanwhile, Food inflation stood at to 21.97 per cent in June, from 21.14 per cent recorded in the previous month.<\/p>\n

Marks the fifth consecutive decline in Nigeria\u2019s inflation rate since the Consumer Price Index was rebased in January 2025.<\/p>\n

However, despite the positive figures released by the NBS, the prices of goods and services have remained relatively high across Nigeria.<\/p>\n

Economists and financial experts, including Okechukwu Unegbu, former President of the Chartered Institute of Bankers of Nigeria, have criticised what they describe as a disconnect between NBS data and lived reality.<\/p>\n

\u201cThe general inflation is underreported, maybe due to political reasons,\u201d he said.<\/p>\n

Meanwhile, the Central Bank of Nigeria has announced that it will hold its 301st Monetary Policy Committee meeting on 21st and 22nd July to decide on Nigeria\u2019s interest rate, which currently stands at 27.50 per cent.<\/p>\n

Inflation in the United States of America and the United Kingdom rose by 0.3 percent in June 2025, to 2.7 per cent and 3.6 per cent respectively.<\/p>\n

For More News And Analysis About Nigeria<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. Nigeria\u2019s headline inflation dropped again in June, falling to 22.22 per cent from 22.97 per cent recorded in May 2025. This is according to the National Bureau of Statistics, NBS Consumer Price Index and Inflation Report for June, released on Wednesday. Accordingly, the country\u2019s headline inflation decreased by 0.75 per cent on […]<\/p>\n","protected":false},"author":84,"featured_media":169844,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,29,28,2660],"tags":[365,254],"class_list":["post-169845","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-homepage-english","category-to-homepage","tag-inflation","tag-nigeria"],"yoast_head":"\nAgain, Nigeria\u2019s inflation drops in June - Nigeria<\/title>\n<meta name=\"description\" content=\"Nigeria\u2019s headline inflation dropped again in June, falling to 22.22 per cent from 22.97 per cent recorded in May 2025. ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/again-nigerias-inflation-drops-in-june\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Again, Nigeria\u2019s inflation drops in June\" \/>\n<meta property=\"og:description\" content=\"Nigeria\u2019s headline inflation dropped again in June, falling to 22.22 per cent from 22.97 per cent recorded in May 2025. ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/again-nigerias-inflation-drops-in-june\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-16T20:33:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-16T21:40:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/07\/sm_1752689486.138032.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/again-nigerias-inflation-drops-in-june#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/again-nigerias-inflation-drops-in-june\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Again, Nigeria\u2019s inflation drops in June\",\"datePublished\":\"2025-07-16T20:33:26+00:00\",\"dateModified\":\"2025-07-16T21:40:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/again-nigerias-inflation-drops-in-june\"},\"wordCount\":232,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/again-nigerias-inflation-drops-in-june#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/07\/sm_1752689486.138032.jpg\",\"keywords\":[\"inflation\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Economy\",\"head lines\",\"homepage-english\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/again-nigerias-inflation-drops-in-june#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/again-nigerias-inflation-drops-in-june\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/again-nigerias-inflation-drops-in-june\",\"name\":\"Again, Nigeria\u2019s inflation drops in June - 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