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Nigeria Inflation Data: Rate, CPI, Food, Harmonised

Nigeria Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 472 index points Aug/22
Food Inflation 23.12 % Aug/22
Inflation Rate YoY 20.52 % Aug/22
Inflation Rate Mom 1.77 % Aug/22
Core Consumer Prices 399 Index Points Aug/22
Core Inflation Rate 17.2 % Aug/22
CPI Housing Utilities 397 Index Points Aug/22
CPI Transportation 409 Index Points Aug/22


Latest data on Consumer Price Index (CPI) (index points)

Consumer Price Index (CPI)
                     Nigeria - Historical Data (index points)

What is CPI Index in Nigeria?

  • Consumer Price Index in Nigeria increased to 472 index points in August 2022. The maximum level was 384 index points and minimum was 14.36 index points.
  • Data published Monthly by National Bureau of Statistics.

Historical Data (index points) by years

Data
Period
Date
472 Aug/22 15.09.2022
464 Jul/22 15.08.2022
455 Jun/22 15.07.2022
447 May/22 15.06.2022
439 Apr/22 16.05.2022
432 Mar/22 15.04.2022
424 Feb/22 15.03.2022
418 Jan/22 15.02.2022


Historical Chart by presidents (index points)

Consumer Price Index (CPI) in Nigeria by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Muhammadu Buhari 29.05.2015 - 234.2000 257.3000 257.3000 234.2000 9.86%


Latest data on Food Inflation (%)

Food Inflation
                     Nigeria - Historical Data (%)

What is Food Inflation in Nigeria?

  • Food Inflation in Nigeria increased by 23.12 % in August 2022 over the same month in the previous year. The maximum level was 39.54 % and minimum was -17.5 %.
  • Data published Monthly by National Bureau of Statistics.

Historical Data (%) by years

Data
Period
Date
23.12 Aug/22 15.09.2022
22.02 Jul/22 15.08.2022
20.6 Jun/22 15.07.2022
19.5 May/22 15.06.2022
18.37 Apr/22 16.05.2022
17.2 Mar/22 15.04.2022
17.11 Feb/22 15.03.2022
17.13 Jan/22 15.02.2022


Historical Chart by YoY presidents (%)

Food Inflation in Nigeria by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Muhammadu Buhari 29.05.2015 - 19.9100 13.4500 20.3200 13.4500 -32.45%


Latest data on Inflation Rate YoY (%)

Inflation Rate YoY
                     Nigeria - Historical Data (%)

What is Inflation Rate in Nigeria?

  • Inflation Rate in Nigeria increased by 20.52 % in August 2022 over the same month in the previous year. The maximum level was 47.56 % and minimum was -2.49 %.
  • Data published Monthly by National Bureau of Statistics.

Historical Data (%) by years

Data
Period
Date
20.52 Aug/22 15.09.2022
19.64 Jul/22 15.08.2022
18.6 Jun/22 15.07.2022
17.71 May/22 15.06.2022
16.82 Apr/22 16.05.2022
15.92 Mar/22 15.04.2022
15.7 Feb/22 15.03.2022
15.6 Jan/22 15.02.2022


Historical Chart by YoY presidents (%)

Inflation Rate YoY in Nigeria by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Muhammadu Buhari 29.05.2015 - 11.6100 11.6100 11.6100 11.6100 0.00%


Latest data on Inflation Rate Mom (%)

Inflation Rate Mom
                     Nigeria - Historical Data (%)

What is inflation rate in Nigeria 2022?

  • Inflation Rate in Nigeria increased by 1.77 % in August 2022 over the previous month. The maximum level was 8.93 % and minimum was -3.5 %.
  • Data published Monthly by National Bureau of Statistics.

Historical Data (%) by years

Data
Period
Date
1.77 Aug/22 15.09.2022
1.82 Jul/22 15.08.2022
1.82 Jun/22 15.07.2022
1.78 May/22 15.06.2022
1.76 Apr/22 16.05.2022
1.74 Mar/22 15.04.2022
1.63 Feb/22 15.03.2022
1.47 Jan/22 15.02.2022


Historical Chart by MoM presidents (%)

Inflation Rate Mom in Nigeria by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Muhammadu Buhari 29.05.2015 - 1.1000 1.1000 1.1000 1.1000 0.00%


Latest data on Core Consumer Prices (Index Points)

Core Consumer Prices
                     Nigeria - Historical Data (Index Points)

What is Core CPI in Nigeria?

  • Core Consumer Prices in Nigeria increased to 399 Index Points in August 2022. The maximum level was 334 Index Points and minimum was 69 Index Points.
  • Data published Monthly by National Bureau of Statistics.

Historical Data (Index Points) by years

Data
Period
Date
399 Aug/22 15.09.2022
393 Jul/22 15.08.2022
386 Jun/22 15.07.2022
380 May/22 15.06.2022
373 Apr/22 16.05.2022
369 Mar/22 15.04.2022
365 Feb/22 15.03.2022
360 Jan/22 15.02.2022


Historical Chart by presidents (Index Points)

Core Consumer Prices in Nigeria by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Core Inflation Rate (%)

Core Inflation Rate
                     Nigeria - Historical Data (%)

What is Nigeria Core Inflation Rate?

  • Core Inflation Rate in Nigeria increased by 17.2 % in August 2022. The maximum level was 19.28 % and minimum was 0.49 %.
  • Data published Monthly by National Bureau of Statistics.

Historical Data (%) by years

Data
Period
Date
17.2 Aug/22 15.09.2022
16.26 Jul/22 15.08.2022
15.75 Jun/22 15.07.2022
14.9 May/22 15.06.2022
14.18 Apr/22 16.05.2022
13.91 Mar/22 15.04.2022
14.01 Feb/22 15.03.2022
13.87 Jan/22 15.02.2022


Historical Chart by YoY presidents (%)

Core Inflation Rate in Nigeria by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on CPI Housing Utilities (Index Points)

CPI Housing Utilities
                     Nigeria - Historical Data (Index Points)

What is Nigeria CPI Index for Housing Utilities?

  • CPI Housing Utilities in Nigeria increased to 397 Index Points in August 2022. The maximum level was 337 Index Points and minimum was 7.8 Index Points.
  • Data published Monthly by National Bureau of Statistics.

Historical Data (Index Points) by years

Data
Period
Date
397 Aug/22 17.09.2022
392 Jul/22 15.08.2022
386 Jun/22 15.07.2022
381 May/22 15.06.2022
376 Apr/22 16.05.2022
370 Mar/22 15.04.2022
365 Feb/22 15.03.2022
361 Jan/22 15.02.2022


Historical Chart by presidents (Index Points)

CPI Housing Utilities in Nigeria by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on CPI Transportation (Index Points)

CPI Transportation
                     Nigeria - Historical Data (Index Points)

What is Nigeria CPI Index for Transportation?

  • CPI Transportation in Nigeria increased to 409 Index Points in August 2022. The maximum level was 338 Index Points and minimum was 68.5 Index Points.
  • Data published Monthly by National Bureau of Statistics.

Historical Data (Index Points) by years

Data
Period
Date
409 Aug/22 17.09.2022
402 Jul/22 15.08.2022
396 Jun/22 15.07.2022
390 May/22 15.06.2022
384 Apr/22 16.05.2022
378 Mar/22 15.04.2022
372 Feb/22 15.03.2022
368 Jan/22 15.02.2022


Historical Chart by presidents (Index Points)

CPI Transportation in Nigeria by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other inflation indicators in Nigeria

Index Updated Actual Previous
Gasoline Prices Sep/22 0.44 USD/Liter 0.46
GDP Deflator 2Q/22 260 in. pt. 261

Inflation Rate YoY in other countries

Country Updated Actual Previous
Egypt Aug/22 14.6 % 13.6
Kenya Sep/22 9.2 % 8.5
Madagascar Jul/22 8.4 % 6.9
Zimbabwe Sep/22 280 % 285
Tanzania Aug/22 4.6 % 4.5
Togo Aug/22 7 % 6
Tunisia Sep/22 9.1 % 8.6
Nigeria Aug/22 20.52 % 19.64
Sudan Jul/22 125 % 149
Morocco Aug/22 8 % 7.7
Senegal Aug/22 11.3 % 11
Seychelles Aug/22 2.82 % 3.53
South Africa Aug/22 7.6 % 7.8
Uganda Sep/22 10 % 9
Rwanda Aug/22 20.4 % 19.6
Liberia Jul/22 6.48 % 6.32
Zambia Sep/22 9.9 % 9.8
Mozambique Aug/22 12.1 % 11.77
Namibia Aug/22 7.3 % 6.8
Ghana Aug/22 33.9 % 31.7
Swaziland Aug/22 5.8 % 5.4
Libya Jun/22 5 % 5.2
South Sudan Jul/22 6.43 % 3.2
Somalia 2022 7.6 % 7.7
Algeria Sep/19 3.1 %
Angola Aug/22 19.78 % 21.4
Benin Aug/22 -0.3 % -1
Botswana Aug/22 14.6 % 14.3
Burkina Faso Aug/22 18.1 % 18.2
Burundi Aug/22 19.57 % 19.06
Central African Republic 2021 2.7 % 4.2
Chad Jul/22 6.1 % 5.3
Comoros 2022 15.7 % 11.4
Republic of the Congo May/18 1.1 % 1.2
Djibouti Aug/22 5.9 % 5.3
Equatorial Guinea 2021 2.9 % 3
Eritrea 2021 4.5 % 4.8
Ethiopia Aug/22 32.5 % 33.5
Gabon Apr/22 3 % 2.9
Gambia Aug/22 12.9 % 12.4
Guatemala Aug/22 8.87 % 8.36
Guinea Jul/22 12.41 % 12.5
Guinea Bissau Jul/22 7.5 % 8.3
Lesotho Aug/22 9.4 % 9.8
Malawi Aug/22 25.5 % 24.6
Mali Feb/22 7.5 % 8.7
Mauritania Aug/22 11.1 % 10.6
Niger Jul/22 3.8 % 4.7
Sao Tome and Principe Jul/22 18.5 % 16.7
Sierra Leone Aug/22 28.2 % 29.5