Nigeria Inflation Rate (Monthly)

The Nigeria Consumer Price Index (CPI) which measures inflation, increased by 12.40% (year-on-year) in May 2020. This is 0.06% points higher than the rate recorded in April 2020 (12.34%). Core inflation rose from 9.98% to 10.12% while food inflation increased to 15.04% from 15.03%.

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Data Source: Nigeria Bureau Statistics

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