Consumer Price Index CPI in Nigeria increased to 307.50 points in December from 304.90 points in November of 2019.

Consumer Price Index CPI in Nigeria averaged 102.94 points from 1995 until 2019, reaching an all time high of 307.50 points in December of 2019 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. source: National Bureau of Statistics, Nigeria

Consumer Price Index CPI in Nigeria is expected to be 311.97 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Price Index CPI in Nigeria to stand at 332.34 in 12 months time. In the long-term, the Nigeria Consumer Price Index (CPI) is projected to trend around 394.85 points in 2020, according to our econometric models.

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Nigeria Consumer Price Index (CPI)

Actual Previous Highest Lowest Dates Unit Frequency
307.50 304.90 307.50 14.36 1995 - 2019 points Monthly
2009M11=100, NSA

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.

Nigeria Prices Last Previous Highest Lowest Unit
Inflation Rate 11.98 11.85 47.56 -2.49 percent [+]
Consumer Price Index CPI 307.50 304.90 307.50 14.36 points [+]
Core Consumer Prices 280.63 278.40 280.63 69.00 points [+]
Core Inflation Rate 9.30 9.00 19.28 0.49 percent [+]
Food Inflation 14.67 14.48 39.54 -17.50 percent [+]
GDP Deflator 204.43 206.74 206.74 0.60 points [+]
Cpi Housing Utilities 294.40 292.90 294.40 7.80 points [+]
CPI Transportation 279.10 276.90 279.10 68.50 points [+]
Inflation Rate Mom 0.85 1.02 8.93 -3.50 percent [+]