Nigeria Inflation Rate (Monthly)

Nigeria's Consumer Price Index (CPI) which measures inflation, increased by 16.47% (year-on-year) in January 2021. This is 0.71% points higher than the rate recorded in December 2020 (15.75%). Core inflation increased from 11.37% to 11.87%; while food inflation increased to 20.57% from 19.56%.

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Data Source: Nigeria Bureau Statistics

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