Consumer Price Index CPI in Nigeria increased to 499.40 points in December from 490.90 points in November of 2022. source: National Bureau of Statistics, Nigeria

Consumer Price Index CPI in Nigeria averaged 133.86 points from 1995 until 2022, reaching an all time high of 499.40 points in December 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 February of 2023.

Consumer Price Index CPI in Nigeria is expected to be 518.16 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Nigeria Consumer Price Index (CPI)

Related Last Previous Unit Reference
Inflation Rate 21.34 21.47 percent Dec 2022
Consumer Price Index CPI 499.40 490.90 points Dec 2022
Core Inflation Rate 18.50 18.20 percent Dec 2022
Core Consumer Prices 416.17 416.17 points Dec 2022
Food Inflation 23.75 24.13 percent Dec 2022
CPI Transportation 436.20 428.60 points Dec 2022
CPI Housing Utilities 419.20 413.10 points Dec 2022
Inflation Rate MoM 1.71 1.39 percent Dec 2022
GDP Deflator 275.61 260.35 points Sep 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
499.40 490.90 499.40 14.36 1995 - 2022 points Monthly
2009M11=100, NSA