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Year-on-year inflation rate in Nigeria 2021, by area

In January 2021, the inflation in urban areas of Nigeria grew by 17 percent compared to January 2020. The inflation in rural Nigeria experienced an increase by 15.9 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 January 2021, by area

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Source

Release date

February 2021

Region

Nigeria

Survey time period

January 2021

Supplementary notes

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

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Statistics on "Prices and inflation in Nigeria"

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