Consumer Price Index CPI in Nigeria increased to 145.30 points in July from 143 points in June of 2026. Consumer Price Index CPI in Nigeria averaged 117.30 points from 2024 until 2026, reaching an all time high of 145.30 points in July of 2026 and a record low of 86.70 points in January of 2024. source: National Bureau of Statistics, Nigeria

Consumer Price Index CPI in Nigeria is expected to be 149.41 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 177.61 points in 2027 and 202.47 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Consumer Price Index CPI 145.30 143.00 points Jul 2026
Core Consumer Prices 143.67 143.46 points Jul 2026
Core Inflation Rate 14.97 15.92 percent Jul 2026
CPI Housing Utilities 146.50 146.40 points Jul 2026
CPI Transportation 140.80 140.40 points Jul 2026
Food Inflation YoY 20.31 17.52 percent Jul 2026
GDP Deflator 216.12 191.98 points Mar 2026
Inflation Rate YoY 15.43 15.91 percent Jul 2026
Inflation Rate MoM 1.57 1.66 percent Jul 2026


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
145.30 143.00 145.30 86.70 2024 - 2026 points Monthly
2024=100, NSA