Nigeria Nigeria - Consumer Price Index - CPI

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CPI Nigeria January of 2021

Nigeria: CPI goes up in January of 2021

The annual variation rate of the CPI in Nigeria in January of 2021 was 16.5%, 7 tenths higher than the month before.The monthly variation rate of the CPI (Consumer Price Index) has been 1.5%, and thus the accumulated inflation in 2021 is 1.5%

We must highlight the increase of 1.8% in the prices of Food and non-alcoholic beverages, until its interannual rate reached 20.5%, which is in contrast to the decrease in the prices of Communication of 0.8%, and an interannual variation of 10%.

In this page we show you the progression of the CPI in Nigeria. You can see the inflation in other countries in CPI and see all the information about Nigeria in Nigeria's economy

CPI (overall index) Nigeria January 2021
 InterannualAccum. since JanuaryMonthly variation
CPI (overall index) [+]16.5%
1.5%
1.5%
Food and non-alcoholic beverages [+]20.5%
1.8%
1.8%
Alcoholic beverages and tobacco [+]11.6%
1.1%
1.1%
Clothing and footwear [+]12.0%
1.1%
1.1%
Housing, water, electricity, gas and other fuels [+]9.4%
0.9%
0.9%
Furniture, household equipment and maintenance [+]11.6%
1.1%
1.1%
Health [+]14.6%
1.3%
1.3%
Transport [+]13.6%
1.2%
1.2%
Communication [+]10.0%
0.8%
0.8%
Recreation and culture [+]11.1%
1.0%
1.0%
Education [+]10.5%
0.9%
0.9%
Restaurants and hotels [+]11.0%
1.0%
1.0%
Miscellaneous goods and services [+]12.2%
1.1%
1.1%
< CPI (overall index) 2020-12
Nigeria: CPI (overall index) annual
 2020  2019 
CPI (overall index) [+]15.8%
12.0%
Food and non-alcoholic beverages [+]19.5%
14.6%
Alcoholic beverages and tobacco [+]11.3%
9.8%
Clothing and footwear [+]11.8%
9.9%
Housing, water, electricity, gas and other fuels [+]9.1%
7.7%
Furniture, household equipment and maintenance [+]11.3%
9.1%
Health [+]14.1%
9.6%
Transport [+]13.1%
9.3%
Communication [+]9.8%
8.0%
Recreation and culture [+]10.9%
8.2%
Education [+]10.4%
8.8%
Restaurants and hotels [+]10.8%
8.4%
Miscellaneous goods and services [+]11.9%
9.1%