Consumer Price Index CPI in Nigeria increased to 292.60 Index Points in July from 289.70 Index Points in June of 2019. Consumer Price Index CPI in Nigeria averaged 99.58 Index Points from 1995 until 2019, reaching an all time high of 292.60 Index Points in July of 2019 and a record low of 14.36 Index Points in January of 1995.
Consumer Price Index CPI in Nigeria is expected to be 299.53 Index 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 323.88 in 12 months time. In the long-term, the Nigeria Consumer Price Index (CPI) is projected to trend around 382.70 Index Points in 2020, according to our econometric models.