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Cryptocurrency News Articles

Nigeria's Health Inflation Rate Slowed to 17.50% in February 2025

Mar 21, 2025 at 07:37 pm

This marks a significant decline from the 25.02% recorded in February 2024, representing a 30.08% drop in annual health inflation

Nigeria's Health Inflation Rate Slowed to 17.50% in February 2025

output: Health inflation in Nigeria slowed to 17.50% in February of 2025, indicating a slowdown in the pace of price increases for medical goods and services. This marks a significant decline from the 25.02% recorded in February of 2024, presenting a 30.08% reduction in annual health inflation. The latest Consumer Price Index (CPI) report, compiled by the National Bureau of Statistics (NBS), provides insights into the dynamics of health inflation in the country.

Health inflation has been a pressing concern in Nigeria, with the broadest measure of inflation, which includes food, showing signs of stickiness despite the Central Bank of...

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