Nigeria Inflation Rate (Monthly)

Nigeria's Consumer Price Index (CPI) which measures inflation, increased by 14.23% (year-on-year) in October 2020. This is 0.52% points higher than the rate recorded in September 2020 (13.71%). Core inflation increased from 10.58% to 11.14% while food inflation increased to 17.38% from 16.66%.

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Data Source: Nigeria Bureau Statistics

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