Consumer Price Index CPI in Nigeria increased to 125.90 points in July from 123.40 points in June of 2025. Consumer Price Index CPI in Nigeria averaged 24.58 points from 1995 until 2025, reaching an all time high of 125.90 points in July of 2025 and a record low of 1.90 points in January of 1995. source: National Bureau of Statistics, Nigeria

Consumer Price Index CPI in Nigeria is expected to be 130.92 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 139.82 points in 2026 and 160.79 points in 2027, according to our econometric models.



Related Last Previous Unit Reference
Consumer Price Index CPI 125.90 123.40 points Jul 2025
Core Consumer Prices 125.00 123.80 points Jul 2025
Core Inflation Rate 21.30 22.76 percent Jul 2025
CPI Housing Utilities 130.10 131.60 points Jul 2025
CPI Transportation 121.90 121.50 points Jul 2025
Food Inflation YoY 22.74 21.97 percent Jul 2025
GDP Deflator 346.63 353.61 points Dec 2024
Inflation Rate YoY 21.88 22.22 percent Jul 2025
Inflation Rate MoM 1.99 1.68 percent Jul 2025



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
125.90 123.40 125.90 1.90 1995 - 2025 points Monthly
2024=100, NSA