The Central Bank of Nigeria released its October 2025 Households Expectations Survey, reporting that overall consumer sentiment improved to a neutral reading of 0.0 index points from -6.4 in the prior month, alongside a more positive view of macroeconomic conditions. The Economic Condition index rose to 3.3 index points from -2.9, while the Family Financial Situation index improved to -9.3 from -16.5 and Family Income Sentiment increased to 6.0 from 0.1. Forward-looking indicators remained positive, with consumers reporting optimism for the next month (8.3), next three months (16.4) and next six months (22.8), linked to expectations on economic conditions, household income and household finances. On prices, the price-change sentiment reading of 3.2 index points suggested expectations that price levels would ease through November 2025, with a modest uptick expected over the next three to six months; sentiments of high average prices for selected items fell to 26.8 index points from 34.5, while Food and Other household items were viewed as low-priced (-33.7) and expected to remain so over the next three months.
Central Bank of Nigeria 2025-10-07
Central Bank of Nigeria publishes October 2025 Households Expectations Survey showing sentiment improving to neutral
The Central Bank of Nigeria's October 2025 Households Expectations Survey shows improved consumer sentiment to a neutral 0.0 index from -6.4, with a positive macroeconomic outlook. The Economic Condition index rose to 3.3, the Family Financial Situation index improved to -9.3, and Family Income Sentiment increased to 6.0. Forward-looking indicators show optimism for the coming months, with expectations of easing price levels through November 2025.