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Year-on-year inflation rate in Nigeria 2022, by area

Published by
Doris Dokua Sasu,
Sep 5, 2022
In March 2022, the inflation in urban areas of Nigeria grew by 16.44 percent compared to March 2021. The inflation in rural Nigeria experienced an increase by 15.42 percent compared to the same period of the previous year. In 2020, Nigeria recorded one of the highest inflation rates worldwide.

Year-on-year inflation rate in Nigeria as of March 2022, by area

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Release date

April 2022

Region

Nigeria

Survey time period

March 2022

Supplementary notes

Index December 2009 =100
Data refer to all items, including farm produce and food.

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