Inflation in Nigeria
Nigeria's consumer price inflation rate stood at 10.00% in January 2030, as measured by the year-over-year change in the Consumer Price Index (CPI). Source: National Bureau of Statistics (NBS).
Series
1
With Data
1
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Last Updated
2030-01-01
What Are the Latest Inflation Numbers for Nigeria?
| Indicator | Value | Date |
|---|---|---|
| weo-nga-inflation | 10.00% | 2030-01-01 |
Data available via API: GET /api/v1/topics/inflation/countries/ng
Nigeria Headline Inflation
Data Sources and Methodology
Nigeria inflation data on WorldPulse is sourced from National Bureau of Statistics (NBS) via automated data pipelines, primarily through FRED (Federal Reserve Economic Data) and direct statistical office feeds. Data is updated automatically as new CPI releases are published.
All time series are point-in-time reconstructed: historical values reflect what was originally published, not retroactively revised figures. This is critical for backtesting and research applications where contamination-free data is required.
Frequently Asked Questions
What is the current inflation rate in Nigeria?
As of January 2030, Nigeria's annual inflation rate is 10.00%, as published by National Bureau of Statistics (NBS). This figure represents the year-over-year change in the Consumer Price Index (CPI), measuring how the average price of consumer goods and services has changed compared to the same month of the previous year. WorldPulse updates this data automatically as new official statistics are released.
How is inflation measured in Nigeria?
Inflation in Nigeria is primarily measured using the Consumer Price Index (CPI), which tracks the average price change of a fixed basket of consumer goods and services over time. National Bureau of Statistics (NBS) publishes CPI data covering categories such as food, housing, transportation, healthcare, and apparel. The year-over-year percentage change in CPI is the standard inflation rate reported in official statistics and media.
Where can I find historical inflation data for Nigeria?
WorldPulse provides free access to 1 Nigeria inflation time series, including headline CPI, core inflation, and producer prices. Historical data is available via the WorldPulse API and updated automatically from official statistical sources. All data is point-in-time reconstructed, meaning historical values reflect what was originally published rather than retroactively revised figures.
Categories
Data Source
Official data published by National Bureau of Statistics (NBS). Retrieved and processed via WorldPulse automated pipeline.
API Access
# Inflation in Nigeria
GET /api/v1/topics/inflation/countries/ng