Inflation eases to 15.39% for third straight month
By Aboki Forex —
Headline inflation fell to 15.39%, marking the third consecutive monthly decline.
The easing was led by food prices, the naira and a favourable base year. But the relief was not felt evenly across town and country.
What drove the decline
Food prices helped pull headline inflation lower. The naira also played a role. A favourable base year added to the downward trend. These factors combined to produce the third straight monthly fall.
Relief remains uneven
The slower inflation did not translate into the same experience for all households. The relief was not felt evenly across town and country. That means some consumers and businesses may still feel pressure even as the headline rate eases.
What it means for households and investors
For households, the inflation rate affects purchasing power. For investors, the third straight decline may shape expectations around price pressures and naira movements. But the uneven experience on the ground means the picture is not uniform.