Consumer Price Index CPI in Nigeria increased to 146.30 points in August from 145.30 points in July of 2026. Consumer Price Index CPI in Nigeria averaged 118.20 points from 2024 until 2026, reaching an all time high of 146.30 points in August 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 147.49 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 173.96 points in 2027 and 196.57 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Consumer Price Index CPI 146.30 145.30 points Aug 2026
Core Consumer Prices 143.59 143.67 points Aug 2026
Core Inflation Rate 13.29 14.97 percent Aug 2026
CPI Housing Utilities 146.20 146.50 points Aug 2026
CPI Transportation 140.10 140.80 points Aug 2026
Food Inflation YoY 19.57 20.31 percent Aug 2026
GDP Deflator 223.09 216.12 points Jun 2026
Inflation Rate YoY 15.39 15.43 percent Aug 2026
Inflation Rate MoM 0.71 1.57 percent Aug 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
146.30 145.30 146.30 86.70 2024 - 2026 points Monthly
2024=100, NSA