The transportation sub-index of the CPI basket in Nigeria increased to 255.40 Index Points in December of 2018 from 253.60 Index Points in November of 2018. CPI Transportation in Nigeria averaged 141.33 Index Points from 2006 until 2018, reaching an all time high of 255.40 Index Points in December of 2018 and a record low of 68.50 Index Points in February of 2006.
CPI Transportation in Nigeria is expected to be 265.10 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 284.79 in 12 months time. In the long-term, the Nigeria CPI Transportation is projected to trend around 352.16 Index Points in 2020, according to our econometric models.