Nigeria: Consumer Price Index (CPI)

* indicates monthly or quarterly data series
The most recent value is 119.52 index points as of April 2025, an increase compared to the previous value of 117.3385 index points. Historically, the average for Nigeria from January 1995 to April 2025 is 168.7956 index points. The minimum of 14.3608 index points was recorded in January 1995, while the maximum of 867.7917 index points was reached in December 2024. Click on the following link to see the values of: Consumer Price Index (CPI) around the world.
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* indicates monthly or quarterly data series

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  • Measure: index points
  • Source: National Bureau of Statistics, Nigeria

Recent values Nigeria: Consumer Price Index (CPI)
2025  Apr 119.52
2025  Mar 117.3385
2025  Feb 112.9392
2025  Jan 110.68
2024  Dec 867.7917
2024  Nov 847.1421
2024  Oct 825.3681
2024  Sep 804.1418


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Definition: The Consumer Price Index (CPI) measures the changes in the cost of a basket of goods and services consumed by the average urban household.

 Related indicators Latest Reference Measure
 Inflation 33.2 2024 percent
 Exchange rate regimes 5 2022 index points
 USD exchange rate 1,553.0215 6/2025 Local Currency Units per USD
 Money supply (broad money) 108,945.39 9/2024 billion
 Consumer Price Index (CPI) 119.5200 4/2025 index points
 Inflation, monthly 1.86 4/2025 percent
 Inflation, annual 3.89 4/2025 percent
 Private sector credit 75,845.34 9/2024 billion
 Deposit interest rate 13.78 9/2024 percent
 Business credit interest rate 16.75 9/2024 percent
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