Nigeria Inflation Rate (Monthly)

Nigeria's Consumer Price Index (CPI) which measures inflation, increased by 13.22% (year-on-year) in August 2020. This is 0.4% points higher than the rate recorded in July 2020 (12.82%). Core inflation increased from 10.10% to 10.52% while food inflation increased to 16% from 15.48%.

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Data Source: Nigeria Bureau Statistics

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