Consumer Price Index CPI in Nigeria increased to 344.70 points in October from 339.50 points in September of 2020. source: National Bureau of Statistics, Nigeria

Consumer Price Index CPI in Nigeria averaged 110.12 points from 1995 until 2020, reaching an all time high of 344.70 points in October of 2020 and a record low of 14.36 points in January of 1995. This page provides - Nigeria Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Consumer Price Index (CPI) - values, historical data and charts - was last updated on November of 2020.

Consumer Price Index CPI in Nigeria is expected to be 351.17 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 384.65 in 12 months time. In the long-term, the Nigeria Consumer Price Index (CPI) is projected to trend around 398.57 points in 2021 and 449.19 points in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Nigeria Consumer Price Index (CPI)

Actual Previous Highest Lowest Dates Unit Frequency
344.70 339.50 344.70 14.36 1995 - 2020 points Monthly
2009M11=100, NSA

Nigeria Prices Last Previous Highest Lowest Unit
Inflation Rate 14.23 13.71 47.56 -2.49 percent [+]
Consumer Price Index CPI 344.70 339.50 344.70 14.36 points [+]
Core Consumer Prices 307.00 303.17 307.00 69.00 points [+]
Core Inflation Rate 11.10 10.60 19.28 0.49 percent [+]
Food Inflation 17.38 16.66 39.54 -17.50 percent [+]
Inflation Rate Mom 1.48 1.34 8.93 -3.50 percent [+]
GDP Deflator 214.01 212.92 214.01 0.60 points [+]
Cpi Housing Utilities 315.70 313.10 315.70 7.80 points [+]
CPI Transportation 307.90 304.30 307.90 68.50 points [+]


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.