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.
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* indicates monthly or quarterly data series
- 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 |