Consumer Price Index CPI in Nigeria increased to 283.50 Index Points in April from 280.80 Index Points in March of 2019. Consumer Price Index CPI in Nigeria averaged 97.62 Index Points from 1995 until 2019, reaching an all time high of 283.50 Index Points in April of 2019 and a record low of 14.36 Index Points in January of 1995.

Consumer Price Index CPI in Nigeria is expected to be 289.16 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Price Index CPI in Nigeria to stand at 312.03 in 12 months time. In the long-term, the Nigeria Consumer Price Index (CPI) is projected to trend around 382.70 Index Points in 2020, according to our econometric models.

Nigeria Consumer Price Index (CPI)
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Nigeria Prices Last Previous Highest Lowest Unit
Inflation Rate 11.37 11.25 47.56 -2.49 percent [+]
Consumer Price Index CPI 283.50 280.80 283.50 14.36 Index Points [+]
Core Consumer Prices 263.65 261.82 263.65 69.00 Index Points [+]
Core Inflation Rate 9.30 9.50 19.28 0.49 percent [+]
Food Inflation 13.70 13.45 39.54 -17.50 percent [+]
GDP Deflator 193.63 185.02 193.63 0.60 Index Points [+]
Cpi Housing Utilities 279.80 277.90 279.80 7.80 Index Points [+]
CPI Transportation 262.60 260.80 262.60 68.50 Index Points [+]
Inflation Rate Mom 0.90 0.80 8.93 -3.50 percent [+]


Nigeria Consumer Price Index (CPI)

In Nigeria, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides - Nigeria Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Consumer Price Index (CPI) - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
283.50 280.80 283.50 14.36 1995 - 2019 Index Points Monthly
2009M11=100, NSA




Country Last Previous
Argentina 213.05 Apr/19
Australia 114.10 Mar/19
Brazil 5206.98 Apr/19
Canada 136.00 Apr/19
China 102.50 Apr/19
Euro Area 105.10 Apr/19
France 104.22 Apr/19
Germany 105.20 Apr/19
India 141.10 Apr/19
Indonesia 136.47 Apr/19
Italy 103.00 Apr/19
Japan 101.50 Mar/19
Mexico 103.53 Apr/19
Netherlands 106.08 Apr/19
Russia 586.80 Apr/19
Saudi Arabia 105.60 Apr/19
Singapore 100.40 Mar/19
South Africa 110.70 Apr/19
South Korea 104.87 Apr/19
Spain 104.74 Apr/19
Switzerland 102.39 Apr/19
Turkey 409.63 Apr/19
United Kingdom 107.60 Apr/19
United States 254.96 Apr/19


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