The Consumer Price Index in Nigeria increased 0.54 percent in December of 2025 over the previous month. Inflation Rate MoM in Nigeria averaged 1.19 percent from 1995 until 2025, reaching an all time high of 10.70 percent in January of 2025 and a record low of -3.50 percent in August of 1999. source: National Bureau of Statistics, Nigeria

Inflation Rate MoM in Nigeria is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Inflation Rate MoM is projected to trend around 1.70 percent in 2027 and 2.30 percent in 2028, 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 Inflation Rate MoM
Inflation Rate MoM measures month over month change in the price of goods and services.
Actual Previous Highest Lowest Dates Unit Frequency
0.54 1.20 10.70 -3.50 1995 - 2025 percent Monthly
2024=100