Nigeria, March 19 -- A recent survey by the Central Bank of Nigeria reveals that businesses and households anticipate a gradual easing of inflation over the next six months.
The Inflation Expectations Report for February 2025, released on Wednesday by the CBN's Statistics Department, indicates a shift in sentiment as respondents express cautious optimism about the country's economic outlook.
The survey, which gathered responses from 3,565 participants-comprising 1,900 firms and 1,655 households-found that a significant portion of respondents expect inflationary pressures to diminish.
For the next month, 40.3 per cent of overall respondents foresee inflation increasing, while 47.1 per cent believe it will remain stable, and 12.6 per cen...
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