Nigeria - Consumer Price Index - CPI October 2021

CPI Nigeria October of 2021

Nigerians CPI goes down to 16%

The annual variation rate of the CPI in Nigeria in October of 2021 was 16%, 6 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 12.4%

We must highlight the increase of 1.3% in the prices of Transport, until its interannual rate reached 15%, which is in contrast to the decrease in the prices of Communication of 0.8%, and an interannual variation of 10.6%.

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 October 2021

	Interannual	Accum. since January	Monthly variation
CPI (overall index) [+]	16.0%	12.4%	1.0%
Food and non-alcoholic beverages [+]	18.3%		0.9%
Alcoholic beverages and tobacco [+]	13.1%		1.1%
Clothing and footwear [+]	14.7%		1.2%
Housing, water, electricity, gas and other fuels [+]	10.4%		0.9%
Furniture, household equipment and maintenance [+]	14.1%		1.2%
Health [+]	15.2%		1.1%
Transport [+]	15.0%		1.3%
Communication [+]	10.6%		0.8%
Recreation and culture [+]	13.0%		1.0%
Education [+]	12.4%		1.1%
Restaurants and hotels [+]	12.7%		1.1%
Miscellaneous goods and services [+]	13.9%		1.1%
< CPI 2021-09CPI 2021-11 >

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%