Nigeria Consumer Price Index (CPI)

Nigeria Consumer Price Index (CPI) Monthly Reports

CPI and Inflation Report December 2016

CPI and Inflation Report December 2016
The Consumer Price Index (CPI) which measures inflation increased by 18.55 percent (year-on-year) in December 2016, 0.07 percent points higher from the rate recorded in November (18.48 percent). Increases were recorded in all COICOP divisions that yield the Headline Index. Communication and Restaurants and Hotels recorded the slowest pace of growth in December, growing at 5.33 percent and 8.91 percent (year-on-year) respectively.

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