Borno, FCT, Benue top states with highest inflation in June 2025

The National Bureau of Statistics (NBS) has reported a drop in Nigeria’s inflation rate to 22.22% in June 2025, down from 22.97% in May.

This marks a 0.75 percentage point reduction on a year-on-year basis and a notable decline of 11.97 percentage points compared to the 34.19% recorded in June 2024, using the updated 2024 base year.

Despite the year-on-year easing, the headline inflation rate for June rose to 1.68% on a month-on-month basis, up from 1.53% in May. This signals a slight increase in the pace of average price growth within the month.

The food inflation rate stood at 21.97% year-on-year in June, with a sharper 3.25% rise month-on-monthx, an increase from May’s 2.19%. Core inflation, which excludes volatile food and energy prices, climbed to 22.76% year-on-year and 2.46% on a monthly basis, higher than the 1.10% recorded in the previous month.

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Urban areas experienced higher inflation, with a year-on-year rate of 22.72% and a monthly rise of 2.11%, up from 1.40% in May.

Rural inflation was recorded at 20.85% year-on-year, with a slower monthly increase of 0.63%, compared to 1.83% in May.

Among the states, Borno posted the highest year-on-year inflation at 31.63%, followed by the Federal Capital Territory (26.79%) and Benue (25.91%).

Meanwhile, Zamfara (9.90%), Yobe (13.51%), and Sokoto (15.78%) recorded the lowest rates.

In terms of monthly changes, Ekiti topped the list with a 5.39% increase, trailed by Delta (5.15%) and Lagos (5.13%). On the flip side, Zamfara, Niger, and Plateau experienced significant monthly declines of -6.89%, -5.35%, and -4.01%, respectively.

According to the NBS, the national Consumer Price Index (CPI) rose to 123.4 index points in June, up from 121.4 in May 2025.