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            Inflation Rates (Percent)


             

            2021

            Month September October November
            All Items (Year on Change) 16.63 15.99 15.40
            All Items (12 Months Avg. Change) 16.83 16.96 16.98
            Food (Year on Change)/1 19.57 18.34 17.21
            Food (12 Months Avg. Change)/1 20.71 20.75 20.62
            All Items Less Farm Produce (Year on Change)/2 13.74 13.24 13.85
            All Items Less Farm Produce (12 Months Avg. Change)/2 12.55 12.73 12.96
            All Items Less Farm Produce and Energy (Year on Change)/3 14.36 13.78 14.41
            All Items Less Farm Produce and Energy (12 Months Avg. Change)/3 13.14 13.31 13.54
                   
            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
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            Choose year to display. 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
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            Facts : 1/1/1900
            Agric Credit Guarantee Scheme:The Agricultural Credit Guarantee Scheme (ACGS) was established in 1977, under the management of the Central Bank of Nigeria. The scheme was designed to encourage banks to increase lending to the agricultural sector by providing guarantee against inherent risks.
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            Money and Credit Statistics
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            Money Market Indicators
            Balance of Payments Statistics
            Crude Oil Price
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