Consumer Price Index CPI in Nigeria increased to 447.20 points in May from 439.40 points in April of 2022. source: National Bureau of Statistics, Nigeria

Consumer Price Index CPI in Nigeria averaged 126.55 points from 1995 until 2022, reaching an all time high of 447.20 points in May of 2022 and a record low of 14.36 points in January of 1995. This page provides - Nigeria Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Consumer Price Index (CPI) - values, historical data and charts - was last updated on July of 2022.

Consumer Price Index CPI in Nigeria is expected to be 453.12 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Consumer Price Index (CPI) is projected to trend around 520.55 points in 2023 and 562.19 points in 2024, according to our econometric models.

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Nigeria Consumer Price Index (CPI)



Related Last Previous Unit Reference
Inflation Rate 17.71 16.82 percent May 2022
Consumer Price Index CPI 447.20 439.40 points May 2022
Core Inflation Rate 14.90 14.18 percent May 2022
Core Consumer Prices 380.30 373.30 points May 2022
Food Inflation 19.50 18.37 percent May 2022
CPI Transportation 389.70 383.70 points May 2022
CPI Housing Utilities 380.70 375.50 points May 2022
Inflation Rate Mom 1.78 1.76 percent May 2022
GDP Deflator 242.39 243.29 points Dec 2021

Nigeria Consumer Price Index (CPI)
In Nigeria, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services.
Actual Previous Highest Lowest Dates Unit Frequency
447.20 439.40 447.20 14.36 1995 - 2022 points Monthly
2009M11=100, NSA