Cost of food in Nigeria increased 13.31 percent year-on-year in September of 2018, after rising 13.16 percent in the previous month. Main upward pressure came from prices of: potatoes, yams and other tubers, vegetables, fruits, meat, milk, cheese and eggs, bread and cereals, and fish. On a monthly basis, food prices were up 1.0 percent compared to a 1.42 percent rise in August. Food Inflation in Nigeria averaged 11.55 percent from 1996 until 2018, reaching an all time high of 39.54 percent in September of 2001 and a record low of -17.50 percent in January of 2000.

Nigeria Food Inflation
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-15 08:00 AM Food Inflation YoY 12.85% 12.98% 12.5%
2018-09-14 11:00 AM Food Inflation YoY 13.16% 12.85% 12.1%
2018-10-16 07:30 AM Food Inflation YoY 13.31% 13.16% 13.3%
2018-11-21 08:00 AM Food Inflation YoY 13.31% 13.4%
2018-12-13 09:00 AM Food Inflation YoY 9.1%


Nigeria Prices Last Previous Highest Lowest Unit
Inflation Rate 11.28 11.23 47.56 -2.49 percent [+]
Consumer Price Index CPI 268.40 266.20 268.40 14.36 Index Points [+]
Core Consumer Prices 251.65 250.05 251.65 69.00 Index Points [+]
Core Inflation Rate 9.80 10.00 19.28 0.49 percent [+]
Food Inflation 13.31 13.16 39.54 -17.50 percent [+]
GDP Deflator 185.15 176.72 185.15 0.60 Index Points [+]
Cpi Housing Utilities 269.20 267.80 269.20 7.80 Index Points [+]
CPI Transportation 250.10 248.50 250.10 68.50 Index Points [+]
Inflation Rate Mom 0.80 1.00 8.93 -3.50 percent [+]


Nigeria Food Inflation

This page provides - Nigeria Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Food Inflation - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
13.31 13.16 39.54 -17.50 1996 - 2018 percent Monthly
NSA




Country Last
Argentina 46.41 Oct/18
Australia 1.60 Sep/18
Brazil 3.33 Oct/18
Canada 1.80 Sep/18
China 3.30 Oct/18
Euro Area 1.60 Oct/18
France 2.80 Sep/18
Germany 1.90 Oct/18
India -0.86 Oct/18
Indonesia 4.36 Oct/18
Italy 0.70 Oct/18
Japan 1.80 Sep/18
Mexico 3.84 Oct/18
Netherlands 0.50 Oct/18
Russia 2.80 Sep/18
Saudi Arabia 6.70 Sep/18
Singapore 1.60 Sep/18
South Africa 3.90 Sep/18
South Korea 5.60 Oct/18
Spain 1.70 Oct/18
Switzerland 1.70 Oct/18
Turkey 29.26 Oct/18
United Kingdom 0.90 Oct/18
United States 1.20 Oct/18


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