Nigeria's core inflation rate, which strips out the volatile prices of agricultural produce and energy, moderated for the seventh month to 17.72% in January 2026, the lowest since October 2022, down from 18.63% in the prior month. source: National Bureau of Statistics, Nigeria
Core Inflation Rate in Nigeria averaged 12.77 percent from 2007 until 2026, reaching an all time high of 29.28 percent in December of 2024 and a record low of 0.49 percent in March of 2008. This page provides the latest reported value for - Nigeria Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Nigeria Core Inflation Rate - values, historical data and charts - was last updated on March of 2026.
Core Inflation Rate in Nigeria is expected to be 15.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Core Inflation Rate is projected to trend around 14.00 percent in 2027, according to our econometric models.