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    Inflation Rate in Nigeria

    Uploaded by

    Abdullahi Awwal
    The document provides inflation rate data for Nigeria from 2015 to 2023. It shows the monthly inflation rate for all items as well as for food and other categories. The inflation rate for all items increased from 8.2% in 2015 to a peak of 18.55% in 2016 before declining to 11.98% in 2019 and rising again to 15.75% in 2020.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Inflation Rate in Nigeria

    Uploaded by

    Abdullahi Awwal
    11 views4 pages
    The document provides inflation rate data for Nigeria from 2015 to 2023. It shows the monthly inflation rate for all items as well as for food and other categories. The inflation rate for all items increased from 8.2% in 2015 to a peak of 18.55% in 2016 before declining to 11.98% in 2019 and rising again to 15.75% in 2020.

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    INFLATION RATE IN NIGERIA

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    The document provides inflation rate data for Nigeria from 2015 to 2023. It shows the monthly inflation rate for all items as well as for food and other categories. The inflation rate for all items increased from 8.2% in 2015 to a peak of 18.55% in 2016 before declining to 11.98% in 2019 and rising again to 15.75% in 2020.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    11 views4 pages

    Inflation Rate in Nigeria

    Uploaded by

    Abdullahi Awwal
    The document provides inflation rate data for Nigeria from 2015 to 2023. It shows the monthly inflation rate for all items as well as for food and other categories. The inflation rate for all items increased from 8.2% in 2015 to a peak of 18.55% in 2016 before declining to 11.98% in 2019 and rising again to 15.75% in 2020.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 4

    INFLATION RATE IN NIGERIA FROM 2015-2023

    Source: NBS, Federal Secretariat Complex, Kaduna.

    Month All All Food Food (12 All Items All Items All Items All Items
    Items Items (Year on Months Less Farm Less Farm Less Farm Less Farm
    (Year on (12 Change)/1 Avg. Produce Produce Produce Produce
    Change) Months Change)/1 (Year on (12 and and
    Avg. Change)/2 Months Energy Energy
    Change) Avg. (Year on (12
    Change)/2 Change)/3 Months
    Avg.
    Change)/3

    2015 1 8.2 8.1 9.2 9.5 6.8 6.9 7.1 7.1

    2015 2 8.4 8.1 9.4 9.5 7 6.9 7.1 7.1


    2015 3 8.5 8.2 9.4 9.5 7.5 6.9 7.5 7.1
    2015 4 8.7 8.2 9.5 9.5 7.7 6.9 7.7 7.1
    2015 5 9 8.3 9.8 9.5 8.3 7 8.3 7.1
    2015 6 9.2 8.4 10 9.5 8.4 7 8.4 7.1
    2015 7 9.2 8.5 10 9.6 8.8 7.2 8.7 7.2
    2015 8 9.3 8.6 10.1 9.6 9 7.4 8.8 7.4
    2015 9 9.4 8.7 10.2 9.6 8.9 7.6 8.7 7.6
    2015 10 9.3 8.76 10.13 9.68 8.74 7.81 8.57 7.8
    2015 11 9.37 8.88 10.32 9.78 8.73 8.02 8.49 7.98
    2015 12 9.55 9.01 10.59 9.9 8.73 8.22 8.44 8.16
    2016 1 9.62 9.13 10.64 10.02 8.84 8.39 8.53 8.28
    2016 2 11.38 9.39 11.35 10.18 11.04 8.73 9.48 8.48
    2016 3 12.77 9.75 12.74 10.47 12.17 9.13 10.31 8.72
    2016 4 13.72 10.18 13.19 10.79 13.35 9.61 10.79 8.98
    2016 5 15.58 10.75 14.86 11.22 15.05 10.2 12.3 9.32
    2016 6 16.48 11.37 15.3 11.67 16.22 10.86 13.32 9.75
    2016 7 17.13 12.04 15.8 12.16 16.93 11.55 13.63 10.17
    2016 8 17.61 12.74 16.43 12.7 17.21 12.25 13.88 10.59
    2016 9 17.85 13.45 16.62 13.24 17.67 12.98 14.12 11.04
    2016 10 18.33 14.21 17.09 13.82 18.07 13.76 14.58 11.54
    2016 11 18.48 14.96 17.19 14.39 18.24 14.54 14.87 12.07
    2016 12 18.55 15.7 17.39 14.95 18.05 15.31 14.7 12.59
    2017 1 18.72 16.44 17.82 15.54 17.87 16.04 14.54 13.08
    2017 2 17.78 16.96 18.53 16.13 16.01 16.44 13.97 13.44
    2017 3 17.26 17.32 18.44 16.6 15.4 16.68 13.58 13.71
    2017 4 17.24 17.59 19.3 17.11 14.75 16.77 13.74 13.94
    2017 5 16.25 17.63 19.27 17.48 13.02 16.57 12.2 13.91
    2017 6 16.1 17.58 19.91 17.87 12.46 16.22 12.02 13.79
    2017 7 16.05 17.47 20.28 18.25 12.21 15.8 12.35 13.68
    2017 8 16.01 17.33 20.25 18.57 12.3 15.37 12.7 13.57
    2017 9 15.98 17.17 20.32 18.88 12.12 14.9 12.72 13.45
    2017 10 15.91 16.97 20.31 19.14 12.14 14.41 12.72 13.3
    2017 11 15.9 16.76 20.31 19.39 12.21 13.93 12.75 13.13
    2017 12 15.37 16.5 19.42 19.55 12.09 13.46 12.6 12.97
    2018 1 15.13 16.22 18.92 19.62 12.09 13.01 12.68 12.82
    2018 2 14.33 15.93 17.59 19.52 11.71 12.67 12.34 12.69
    2018 3 13.34 15.6 16.08 19.29 11.18 12.33 11.85 12.55
    2018 4 12.48 15.2 14.8 18.89 10.92 12.02 11.64 12.38
    2018 5 11.61 14.79 13.45 18.36 10.71 11.83 11.6 12.32
    2018 6 11.23 14.37 12.98 17.75 10.39 11.65 11.19 12.25
    2018 7 11.14 13.95 12.85 17.1 10.18 11.48 10.81 12.11
    2018 8 11.23 13.55 13.16 16.5 10.02 11.28 10.62 11.93
    2018 9 11.28 13.16 13.31 15.92 9.84 11.09 10.48 11.74
    2018 10 11.26 12.78 13.28 15.36 9.88 10.9 10.49 11.56
    2018 11 11.28 12.41 13.3 14.8 9.79 10.7 10.44 11.37
    2018 12 11.44 12.1 13.56 14.35 9.8 10.51 10.43 11.19
    2019 1 11.37 11.8 13.51 13.93 9.9 10.34 10.62 11.02
    2019 2 11.31 11.56 13.47 13.62 9.8 10.19 10.53 10.88
    2019 3 11.25 11.4 13.45 13.42 9.46 10.04 10.24 10.75
    2019 4 11.37 11.31 13.7 13.34 9.28 9.91 9.94 10.61
    2019 5 11.4 11.3 13.79 13.37 9.03 9.77 9.64 10.44
    2019 6 11.22 11.3 13.56 13.42 8.84 9.64 9.35 10.29
    2019 7 11.08 11.29 13.39 13.46 8.8 9.52 9.42 10.17
    2019 8 11.02 11.27 13.17 13.46 8.68 9.41 9.22 10.05
    2019 9 11.24 11.27 13.51 13.47 8.94 9.34 9.43 9.97
    2019 10 11.61 11.3 14.09 13.54 8.88 9.25 9.45 9.88
    2019 11 11.85 11.35 14.48 13.65 8.99 9.19 9.48 9.8
    2019 12 11.98 11.4 14.67 13.74 9.33 9.15 9.95 9.76
    2020 1 12.13 11.46 14.85 13.86 9.35 9.11 9.81 9.7
    2020 2 12.2 11.54 14.9 13.98 9.43 9.09 9.95 9.66
    2020 3 12.26 11.62 14.98 14.11 9.73 9.11 10.22 9.66
    2020 4 12.34 11.71 15.03 14.22 9.98 9.17 10.57 9.72
    2020 5 12.4 11.79 15.04 14.33 10.12 9.27 10.7 9.81
    2020 6 12.56 11.9 15.18 14.46 10.13 9.37 10.57 9.93
    2020 7 12.82 12.05 15.48 14.63 10.1 9.48 10.64 10.03
    2020 8 13.22 12.23 16 14.87 10.52 9.64 11.07 10.18
    2020 9 13.71 12.44 16.66 15.13 10.58 9.77 11.16 10.33
    2020 10 14.23 12.66 17.38 15.42 11.14 9.96 11.71 10.52
    2020 11 14.89 12.92 18.3 15.75 11.05 10.14 11.6 10.69
    2020 12 15.75 13.25 19.56 16.17 11.37 10.31 11.83 10.85
    2021 1 16.47 13.62 20.57 16.66 11.85 10.52 12.5 11.08
    2021 2 17.33 14.05 21.79 17.25 12.38 10.77 12.98 11.33
    2021 3 18.17 14.55 22.95 17.93 12.67 11.01 13.22 11.58
    2021 4 18.12 15.04 22.72 18.58 12.74 11.25 13.3 11.81
    2021 5 17.93 15.5 22.28 19.18 13.15 11.5 13.76 12.07
    2021 6 17.75 15.93 21.83 19.72 13.09 11.75 13.68 12.32
    2021 7 17.38 16.3 21.03 20.16 13.72 12.05 14.45 12.64
    2021 8 17.01 16.6 20.3 20.5 13.41 12.29 13.98 12.88
    2021 9 16.63 16.83 19.57 20.71 13.74 12.55 14.36 13.14
    2021 10 15.99 16.96 18.34 20.75 13.24 12.73 13.78 13.31
    2021 11 15.4 16.98 17.21 20.62 13.85 12.96 14.41 13.54
    2021 12 15.63 16.95 17.37 20.4 13.87 13.16 14.35 13.75
    2022 1 15.6 16.87 17.13 20.09 13.87 13.33 14.16 13.88
    2022 2 15.7 16.73 17.11 19.69 14.01 13.46 14.28 13.99
    2022 3 15.92 16.54 17.2 19.21 13.91 13.56 14.05 14.05
    2022 4 16.82 16.45 18.37 18.88 14.18 13.68 14.14 14.12
    2022 5 17.71 16.45 19.5 18.68 14.9 13.83 14.84 14.21
    2022 6 18.6 16.54 20.6 18.62 15.75 14.06 15.7 14.39
    2022 7 19.64 16.75 22.02 18.75 16.26 14.28 16.06 14.53
    2022 8 20.52 17.07 23.12 19.02 17.2 14.6 17.12 14.8
    2022 9 20.77 17.43 23.34 19.36 17.6 14.93 17.49 15.07
    2022 10 21.09 17.86 23.72 19.83 17.76 15.31 17.46 15.38
    2022 11 21.47 18.37 24.13 20.41 18.24 15.69 17.99 15.69
    2022 12 21.34 18.85 23.75 20.94 18.49 16.08 18.21 16.02

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