Nigeria’s inflation rate decelerated in January 2025 after the National Bureau of Statistics (NBS) implemented a rebased Consumer Price Index (CPI) that altered the weighting of key components in the inflation basket. Headline inflation eased to 24.48% in January, down from 34.8% in December 2024, reflecting the impact of the NBS’s new methodology, which reduced food’s weight in the inflation calculation from 51.8% to 40.1%. Read more 👉 https://techcabal.com/2025/02/18/nigeria-inflation-slows-in-january-after-cpi-rebasing/