Consumer Price Index CPI in Nigeria decreased to 127.40 points in January from 131.20 points in December of 2025. Consumer Price Index CPI in Nigeria averaged 112.14 points from 2024 until 2026, reaching an all time high of 131.20 points in December of 2025 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 133.72 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 165.90 points in 2027 and 185.31 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Consumer Price Index CPI 127.40 131.20 points Jan 2026
Core Consumer Prices 130.60 132.80 points Jan 2026
Core Inflation Rate 17.72 18.63 percent Jan 2026
CPI Housing Utilities 131.90 131.20 points Jan 2026
CPI Transportation 132.50 133.90 points Jan 2026
Food Inflation YoY 8.89 10.84 percent Jan 2026
GDP Deflator 199.15 196.73 points Sep 2025
Inflation Rate YoY 15.10 15.15 percent Jan 2026
Inflation Rate MoM 0.54 1.20 percent Dec 2025


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
127.40 131.20 131.20 86.70 2024 - 2026 points Monthly
2024=100, NSA