Nigeria's core inflation rate, which strips out the volatile prices of agricultural produce and energy, slowed for the sixth month to 18.63% in December 2025, down from the revised 20.59% in the prior month. source: National Bureau of Statistics, Nigeria

Core Inflation Rate in Nigeria averaged 12.74 percent from 2007 until 2025, 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 February 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.



Related Last Previous Unit Reference
Consumer Price Index CPI 131.20 130.50 points Dec 2025
Core Consumer Prices 132.80 132.00 points Dec 2025
Core Inflation Rate 18.63 20.59 percent Dec 2025
CPI Housing Utilities 131.20 131.20 points Dec 2025
CPI Transportation 133.90 133.70 points Dec 2025
Food Inflation YoY 10.84 14.21 percent Dec 2025
GDP Deflator 199.15 196.73 points Sep 2025
Inflation Rate YoY 15.15 17.33 percent Dec 2025
Inflation Rate MoM 0.54 1.20 percent Dec 2025


Nigeria Core Inflation Rate
Actual Previous Highest Lowest Dates Unit Frequency
18.63 20.59 29.28 0.49 2007 - 2025 percent Monthly
2024=100