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Nigeria's Health Inflation Plummets, Costs Still Rise

3/21/2025

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Summary

Story summary

Nigeria's health inflation rate saw a significant drop to 17.50% in February 2025, down from 25.02% the previous year. However, healthcare costs continued to climb, pushing the health index to 111.1. The National Bureau of Statistics flagged inconsistencies in past inflation figures, sparking worries over data reliability, even as the overall inflation rate eased to 23.18%.

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Story summary

Nigeria's health inflation rate saw a significant drop to 17.50% in February 2025, down from 25.02% the previous year. However, healthcare costs continued to climb, pushing the health index to 111.1. The National Bureau of Statistics flagged inconsistencies in past inflation figures, sparking worries over data reliability, even as the overall inflation rate eased to 23.18%.