Nigeria: Inflation, monthly
* indicates monthly or quarterly data series
The most recent value is 0.74 percent as of August 2025, a decline compared to the previous value of 1.99 percent. Historically, the average for Nigeria from February 1995 to August 2025 is 1.18 percent. The minimum of -3.51 percent was recorded in August 1999, while the maximum of 8.98 percent was reached in April 1995.
Click on the following link to see the values of: Inflation, monthly around the world.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Central Bank of Nigeria
| Recent values | Nigeria: Inflation, monthly percent change in the CPI |
|---|---|
| 2025 Aug | 0.74 |
| 2025 Jul | 1.99 |
| 2025 Jun | 1.68 |
| 2025 May | 1.53 |
| 2025 Apr | 1.86 |
| 2025 Mar | 3.9 |
| 2025 Feb | 2.04 |
| 2025 Jan | 2.24 |
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Definition: The percentage change in the CPI from one month to the next.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 33.2 | 2024 | percent |
| Exchange rate regimes | 7 | 2023 | index points |
| USD exchange rate | 1,366.0254 | 6/2026 | Local Currency Units per USD |
| Money supply (broad money) | 108,945.39 | 9/2024 | billion |
| Consumer Price Index (CPI) | 126.7865 | 8/2025 | index points |
| Inflation, monthly | 0.74 | 8/2025 | percent |
| Inflation, annual | 3.41 | 8/2025 | 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 |