Consumer Price Index CPI in Nigeria increased to 399.90 points in October from 396 points in September of 2021. source: National Bureau of Statistics, Nigeria

Consumer Price Index CPI in Nigeria averaged 120.06 points from 1995 until 2021, reaching an all time high of 399.90 points in October of 2021 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 January of 2022.

Consumer Price Index CPI in Nigeria is expected to be 409.75 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Consumer Price Index (CPI) is projected to trend around 460.61 points in 2023 and 489.62 points in 2024, according to our econometric models.

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Nigeria Consumer Price Index (CPI)


Related Last Previous Unit Reference
Inflation Rate 15.40 15.99 percent Nov/21
Consumer Price Index CPI 404.20 399.90 points Nov/21
Core Inflation Rate 13.85 13.24 percent Nov/21
Core Consumer Prices 352.00 347.60 points Nov/21
Food Inflation 17.21 18.34 percent Nov/21
CPI Transportation 358.50 354.20 points Nov/21
CPI Housing Utilities 352.10 348.70 points Nov/21
Inflation Rate Mom 1.08 0.98 percent Nov/21
GDP Deflator 243.29 234.35 points Sep/21
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.