City in Nigeria

Nigeria Inflation June 2021

Nigeria: Inflation ticks down to four-month low in June

Consumer prices increased 1.06% over the previous month in June, up from May’s 1.01% rise. The print largely came on the back of higher price pressures for food.

Inflation ticked down to 17.8% in June from May’s 17.9%, marking the lowest reading in four months. Meanwhile, the trend pointed up as annual average inflation came in at 15.9% in June (May: 15.5%). Lastly, core inflation, which exclude volatile agricultural produce, clocked in at 13.1% in June, matching May’s reading.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest