Consumer Price Index CPI in Nigeria increased to 130 points in February from 127.40 points in January of 2026. Consumer Price Index CPI in Nigeria averaged 112.83 points from 2024 until 2026, reaching an all time high of 131.20 points in December of 2025 and a record low of 86.70 points in January of 2024. source: National Bureau of Statistics, Nigeria

Consumer Price Index CPI in Nigeria is expected to be 142.65 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Consumer Price Index (CPI) is projected to trend around 170.35 points in 2027 and 190.28 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Consumer Price Index CPI 130.00 127.40 points Feb 2026
Core Consumer Prices 131.70 130.60 points Feb 2026
Core Inflation Rate 15.88 17.72 percent Feb 2026
CPI Housing Utilities 131.30 131.90 points Feb 2026
CPI Transportation 132.20 132.50 points Feb 2026
Food Inflation YoY 12.12 8.89 percent Feb 2026
GDP Deflator 199.15 196.73 points Sep 2025
Inflation Rate YoY 15.06 15.10 percent Feb 2026
Inflation Rate MoM 2.01 -2.88 percent Feb 2026


Nigeria Consumer Price Index (CPI)
In Nigeria, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services.
Actual Previous Highest Lowest Dates Unit Frequency
130.00 127.40 131.20 86.70 2024 - 2026 points Monthly
2024=100, NSA