The transportation sub-index of the CPI basket in Nigeria increased to 264.60 Index Points in May of 2019 from 262.60 Index Points in April of 2019. CPI Transportation in Nigeria averaged 145.04 Index Points from 2006 until 2019, reaching an all time high of 264.60 Index Points in May of 2019 and a record low of 68.50 Index Points in February of 2006.
CPI Transportation in Nigeria is expected to be 273.44 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate CPI Transportation in Nigeria to stand at 292.10 in 12 months time. In the long-term, the Nigeria CPI Transportation is projected to trend around 355.94 Index Points in 2020, according to our econometric models.