Nigeria Consumer Price Index (CPI)  Forecast


Nigeria Consumer Price Index (CPI)
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.





Consumer Price Index CPI in Nigeria is expected to be 260.00 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 251.20 in 12 months time. In the long-term, the Nigeria Consumer Price Index (CPI) is projected to trend around 360.00 Index Points in 2020, according to our econometric models.


Nigeria Prices Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Inflation Rate 15.91 15.7 15.1 14.9 15.6 11.2
Consumer Price Index CPI 243 260 248 250 251 360
Core Consumer Prices 231 258 236 237 238 357
Core Inflation Rate 12.14 11.5 10.9 10.1 9.6 7.2
Food Inflation 20.31 16.4 17.43 16.38 15.56 7.1
GDP Deflator 165 146 164 164 164 164
CPI Transportation 228 239 230 230 230 306
Inflation Rate Mom 0.76 1.4 1.06 1.05 1.05 0.7