The transportation sub-index of the CPI basket in Nigeria increased to 250.10 Index Points in September of 2018 from 248.50 Index Points in August of 2018. CPI Transportation in Nigeria averaged 139.13 Index Points from 2006 until 2018, reaching an all time high of 250.10 Index Points in September of 2018 and a record low of 68.50 Index Points in February of 2006.
CPI Transportation in Nigeria is expected to be 256.36 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate CPI Transportation in Nigeria to stand at 279.56 in 12 months time. In the long-term, the Nigeria CPI Transportation is projected to trend around 320.14 Index Points in 2020, according to our econometric models.