Nigeria Inflation Rate (Monthly)

Nigeria's Consumer Price Index (CPI) which measures inflation, increased by 15.75% (year-on-year) in December 2020. This is 0.86% points higher than the rate recorded in November 2020 (14.89%). Core inflation increased from 11.05% to 11.37%; while food inflation increased to 19.56% from 18.3%.

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Data Source: Nigeria Bureau Statistics

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