FX.co ★ Nigeria's Food Inflation Eases in December, Trends Downward to 10.84%

In a welcome turn of events for Nigerian consumers, the country's food inflation rate has experienced a slight decrease, edging down to 10.84% as of December 2025. This shift marks a decline from the November figure of 11.08%, signaling a gradual easing of price pressures on essential food items.

The data, updated on January 15, 2026, highlights a year-over-year comparison, showing that the current month's inflation is a decrease compared to the same month in the previous year. This development suggests that policy measures and market adjustments may be starting to yield some positive effects on the inflationary trends that have impacted food costs across the nation.

For Nigeria, where food expenses constitute a significant portion of household budgets, this dip in food inflation provides a glimmer of relief. As the country continues to navigate economic challenges, the recent figures may offer some hope for stabilizing costs in the coming months and easing the burden on Nigerian families.