By Elizabeth Adegbesan
The National Bureau of Statistics, NBS, today, said headline inflation rate rose y 4.4 percentage points to 24.23 percent in March, from 23.18 % in February 2025.
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The Bureau disclosed this in its Consumer Price Index Report for March 2025.
NBS said: “The Consumer Price Index (CPI) rose to 117.34 in March 2025 reflecting a 4.40-point increase from the preceding month.
“In March 2025, the Headline inflation rate rose to 24.23% relative to the February 2025 headline inflation
rate of 23.18%.
“Looking at the movement, the March 2025 Headline inflation rate showed an increase of 1.05% compared to the February 2025 Headline inflation rate.”
Details later
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