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Inflation Rate in Nigeria increased to 34.80 percent in December from 34.60 percent in November of 2024. This page provides - Nigeria Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

3 days ago · Nigeria’s headline inflation rate dropped to 24.48% year-on-year in January 2025, following the rebasing of the Consumer Price Index (CPI), according to data released by the National Bureau of Statistics (NBS). The report highlights a decline in the general price level of goods and services ...

3 days ago · “Nigeria’s inflation rate for January 2024 stood at 24.48 percent year on year. “The food inflation rate stood at 26.08 percent; the core inflation rate stood at 22.59 percent; the urban ...

3 days ago · The National Bureau of Statistics, NBS , today said the headline inflation rate fell by 10.32 percentage points to 24.48 percent in January 2025 from 34.8 percent in December 2024 after rebasing ...

4 days ago · Nigeria's annual inflation rate stood at 24.48% in January, the statistics agency said on Tuesday, well down from the previous month's figure after the country's price index was rebased for the ...

Nigeria inflation rate for 2022 was 18.85%, a 1.89% increase from 2021. Nigeria inflation rate for 2021 was 16.95%, a 3.71% increase from 2020. Nigeria inflation rate for 2020 was 13.25%, a 1.85% increase from 2019.

Dec 16, 2024 · On a year-on-year basis, the Headline inflation rate was 6.40% points higher than the rate recorded in November 2023 (28.20%). This shows that the Headline inflation rate (year-on-year basis) increased in November 2024 compared to the same month in the preceding year (i.e., November 2023).

On a year-on-year basis, the Headline inflation rate was 5.87% higher than the rate recorded in December 2023 (28.92%). This shows that the Headline inflation rate (year-on-year basis) increased in December 2024 compared to the same month in …

Looking at the movement, the August 2023 headline inflation rate shows an increase of 1.72% points when compared to the July 2023 headline inflation rate. On a year-on-year basis, the headline inflation rate was 5.27% points higher compared to the rate recorded in August 2022, which was 20.52%.