The National Bureau of Statistics (NBS) published the October 2025 Consumer Price Index (CPI) report today, showing a continued moderation in inflation. Headline inflation eased further to 16.05%, down from 18.02% in September, marking the 7th consecutive month of decline and the lowest reading in xx months. The persistent moderation in prices reflects the combined impact of favourable base effects, a relatively stable exchange rate environment, and improved domestic food supply driven by the ongoing harvest season.

However, on a month-on-month basis, price pressures edged up slightly, with inflation rising to 0.93% in October from 0.72% in September.