- * Optimistic That If Sustained, Would Reduce Cost-of-Living Pressures And Support Macroeconomic Stability
By Celestine Okafor (Editor-in-chief)
The International Monetary Fund (IMF), has welcomed the December 2025 Consumer Price Index (CPI) inflation figures released by the Nigerian Bureau of Statistics (NBS), which show an easing of inflation rate in the economy.
The Breton Wood financial body in a statement in Nigeria by its Office Manager, Laraba .S. Bonnet, on behalf of it's resident representative for Nigeria, Mr Christian Ebeke, said if the figures are sustained, it will help reduce the existing cost-of-living pressures and support macroeconomic stability.
The IMF release however reflects a welcome change in methodology that is said to align Nigeria’s Consumer Price Index calculation with international best practices, as set out by ECOWAS and the IMF's 2020 CPI Manual.
Under the new methodology, the Nigeria Bureau of Statistics links the old Consumer Price Index to the re-based and re-weighted index using the full year of 2024 as the reference period, making the data more stable and comparable over time.
This change is said to lead to a revision of the 2025 inflation numbers but continues to show a trend of inflation coming down throughout the year. NNL.
