Consumer Price Index CPI in Nigeria increased to 274.60 Index Points in December from 272.60 Index Points in November of 2018. Consumer Price Index CPI in Nigeria averaged 95.09 Index Points from 1995 until 2018, reaching an all time high of 274.60 Index Points in December of 2018 and a record low of 14.36 Index Points in January of 1995.
Consumer Price Index CPI in Nigeria is expected to be 280.67 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 306.13 in 12 months time. In the long-term, the Nigeria Consumer Price Index (CPI) is projected to trend around 378.54 Index Points in 2020, according to our econometric models.