Consumer Price Index CPI in Nigeria increased to 396 points in September from 391.50 points in August of 2021. source: National Bureau of Statistics, Nigeria

Consumer Price Index CPI in Nigeria averaged 119.19 points from 1995 until 2021, reaching an all time high of 396 points in September of 2021 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 December of 2021.

Consumer Price Index CPI in Nigeria is expected to be 408.22 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 436.79 points in 2022 and 465.18 points in 2023, according to our econometric models.

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Nigeria Consumer Price Index (CPI)


Related Last Previous Unit Reference
Inflation Rate 15.99 16.63 percent Oct/21
Consumer Price Index CPI 399.90 396.00 points Oct/21
Core Inflation Rate 13.24 13.74 percent Oct/21
Core Consumer Prices 347.60 344.80 points Oct/21
Food Inflation 18.34 19.57 percent Oct/21
CPI Transportation 354.20 349.80 points Oct/21
CPI Housing Utilities 348.70 345.40 points Oct/21
Inflation Rate Mom 0.98 1.15 percent Oct/21
GDP Deflator 243.29 234.35 points Sep/21
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.