15.12.202512:00:00UTC+00Cooling Foods: Nigerian Food Inflation Sees Notable Decline in November

In a significant development for Nigeria's economy, food inflation has shown a noticeable decline in November 2025. According to recently released data, the food inflation rate has cooled to 11.08%, down from 13.12% in October 2025. This shift may bring some relief to consumers amid a challenging economic environment.

The updated figures, announced on December 15, 2025, reflect a year-over-year analysis, comparing November's data to the same month in the previous year. This downward trend in food inflation compares favorably against both the rate from the previous month and provides hope for stabilization in the broader economic context.

With food prices often being a crucial factor for households, this reduction in inflation is seen as a positive indicator for the country's economic health. Economists are watching closely to see if the trend continues in the coming months, potentially signaling more sustained economic improvements for Nigeria.