Nigeria Nigeria - Consumer Price Index - CPI

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CPI Nigeria August of 2021

Nigerians CPI goes down to 17%

The annual variation rate of the CPI in Nigeria in August of 2021 was 17%, 4 tenths less than the month before.The monthly variation rate of the CPI (Consumer Price Index) has been 1%, and thus the accumulated inflation in 2021 is 10%

We must highlight the increase of 1.1% in the prices of Clothing and footwear, until its interannual rate reached 14.4%, which is in contrast to the decrease in the prices of Communication of 0.8%, and an interannual variation of 10.7%.

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 Nigeria August 2021
 InterannualAccum. since JanuaryMonthly variation
CPI (overall index) [+]17.0%
10.0%
1.0%
Food and non-alcoholic beverages [+]20.2%
1.1%
Alcoholic beverages and tobacco [+]12.9%
0.9%
Clothing and footwear [+]14.4%
1.1%
Housing, water, electricity, gas and other fuels [+]10.3%
0.8%
Furniture, household equipment and maintenance [+]13.7%
1.0%
Health [+]15.5%
1.0%
Transport [+]15.0%
1.1%
Communication [+]10.7%
0.8%
Recreation and culture [+]12.8%
1.0%
Education [+]12.0%
1.0%
Restaurants and hotels [+]12.3%
1.0%
Miscellaneous goods and services [+]13.8%
1.0%
< CPI 2021-07CPI 2021-09 >
Nigeria: CPI 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%