Inflation Rates (Percent)

Month	October	November	December

	2016
All Items (Year on Change)	18.33	18.48	18.55
All Items (12 Months Avg. Change)	14.21	14.96	15.70
Food (Year on Change)/1	17.09	17.19	17.39
Food (12 Months Avg. Change)/1	13.82	14.39	14.95
All Items Less Farm Produce (Year on Change)/2	18.07	18.24	18.05
All Items Less Farm Produce (12 Months Avg. Change)/2	13.76	14.54	15.31
All Items Less Farm Produce and Energy (Year on Change)/3	14.58	14.87	14.70
All Items Less Farm Produce and Energy (12 Months Avg. Change)/3	11.54	12.07	12.59


Note: New base period for Consumer Price Indices is November 2009 Year on change in per cent is year-on-year or annualized inflation rate Computation of the 12-month average change is based on 12-month moving average /1 Food inflation rate is also called the non-core inflation /2 All items less farm produce is otherwise known as core inflation /3 All items less farm produce and energy is another type of core inflation
Click the small arrows to move the data one or three months forwards or backwards within the year in display.
Choose year to display.	2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Export InflationRates Statistics

2016

Facts : 7/25/1963
First Indigenous Governor of CBN:Alhaji Aliyu Mai Bornu was the first Nigerian Governor of the Central Bank of Nigeria from July 25, 1963 to July 31st, 1967.
See All: Facts \| Events