Nigeria - Consumer Price Index - CPI February 2018

CPI Nigeria February of 2018

Nigerians CPI goes down to 14.3%

The annual variation rate of the CPI in Nigeria in February of 2018 was 14.3%, 8 tenths less than the month before.The monthly variation rate of the CPI (Consumer Price Index) has been 0.8%, and thus the accumulated inflation in 2018 is 1.6%

We must highlight the increase of 0.9% in the prices of Transport, until its interannual rate reached 12.3%, which is in contrast to the decrease in the prices of Housing, water, electricity, gas and other fuels of 0.6%, and an interannual variation of 7.9%.

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) [+]

CPI Nigeria February 2018

	Interannual	Accum. since January	Monthly variation
CPI (overall index) [+]	14.3%	1.6%	0.8%
Food and non-alcoholic beverages [+]	17.6%		0.9%
Alcoholic beverages and tobacco [+]	8.9%		0.8%
Clothing and footwear [+]	14.4%		0.8%
Housing, water, electricity, gas and other fuels [+]	7.9%		0.6%
Furniture, household equipment and maintenance [+]	13.5%		0.8%
Health [+]	11.5%		0.8%
Transport [+]	12.3%		0.9%
Communication [+]	4.3%		0.6%
Recreation and culture [+]	9.9%		0.7%
Education [+]	10.7%		0.7%
Restaurants and hotels [+]	11.1%		0.8%
Miscellaneous goods and services [+]	12.1%		0.8%
< CPI 2018-01CPI 2018-03 >

Nigeria: CPI annual

	2017	2016
CPI (overall index) [+]	15.4%	18.6%
Food and non-alcoholic beverages [+]	19.4%	17.2%
Alcoholic beverages and tobacco [+]	8.6%	14.8%
Clothing and footwear [+]	15.0%	17.8%
Housing, water, electricity, gas and other fuels [+]	8.3%	27.3%
Furniture, household equipment and maintenance [+]	13.7%	13.6%
Health [+]	11.4%	11.3%
Transport [+]	12.4%	17.3%
Communication [+]	3.5%	5.3%
Recreation and culture [+]	10.0%	10.1%
Education [+]	11.0%	21.6%
Restaurants and hotels [+]	10.5%	8.9%
Miscellaneous goods and services [+]	11.5%	12.7%