Consumer Price Index CPI in Nigeria increased to 471.80 points in August from 463.60 points in July of 2022. source: National Bureau of Statistics, Nigeria

Consumer Price Index CPI in Nigeria averaged 129.59 points from 1995 until 2022, reaching an all time high of 471.80 points in August of 2022 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 October of 2022.

Consumer Price Index CPI in Nigeria is expected to be 481.54 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 543.18 points in 2023 and 586.63 points in 2024, according to our econometric models.

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Nigeria Consumer Price Index (CPI)



Related Last Previous Unit Reference
Inflation Rate 20.52 19.64 percent Aug 2022
Consumer Price Index CPI 471.80 463.60 points Aug 2022
Core Inflation Rate 17.20 16.26 percent Aug 2022
Core Consumer Prices 399.20 393.00 points Aug 2022
Food Inflation 23.12 22.02 percent Aug 2022
CPI Transportation 409.10 402.40 points Aug 2022
CPI Housing Utilities 397.00 391.60 points Aug 2022
Inflation Rate MoM 1.77 1.82 percent Aug 2022
GDP Deflator 260.35 261.21 points Jun 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
471.80 463.60 471.80 14.36 1995 - 2022 points Monthly
2009M11=100, NSA