Inflation Rate in Nigeria decreased to 22.22 percent in June from 22.97 percent in May of 2025. This dataset provides - Nigeria Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Nigeria increased 21.97 percent in June of 2025 over the same month in the previous year. This dataset provides - Nigeria Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation, monthly percent change in the CPI in Nigeria, April, 2025 The most recent value is 1.86 percent as of April 2025, a decline compared to the previous value of 3.9 percent. Historically, the average for Nigeria from February 1995 to April 2025 is 1.17 percent. The minimum of -3.51 percent was recorded in August 1999, while the maximum of 8.98 percent was reached in April 1995. | TheGlobalEconomy.com

Inflation, consumer prices (annual %) in Nigeria was reported at 33.24 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Nigeria - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

The Consumer Price Index in Nigeria increased 1.68 percent in June of 2025 over the previous month. This dataset provides - Nigeria Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Nigeria increased 22.76 percent in June of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Nigeria Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Price Index CPI in Nigeria increased to 123.40 points in June from 121.40 points in May of 2025. This dataset provides - Nigeria Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Nigeria increased to 119.20 points in June of 2025 from 119 points in May of 2025. This dataset provides - Nigeria Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

This dataset provides values for INFLATION RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

CPI Housing Utilities in Nigeria increased to 130.90 points in June from 130.70 points in May of 2025. This dataset provides - Nigeria Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

At **** U.S. dollars, Switzerland has the most expensive Big Macs in the world, according to the January 2025 Big Mac index. Concurrently, the cost of a Big Mac was **** dollars in the U.S., and **** U.S. dollars in the Euro area. What is the Big Mac index? The Big Mac index, published by The Economist, is a novel way of measuring whether the market exchange rates for different countries’ currencies are overvalued or undervalued. It does this by measuring each currency against a common standard – the Big Mac hamburger sold by McDonald’s restaurants all over the world. Twice a year the Economist converts the average national price of a Big Mac into U.S. dollars using the exchange rate at that point in time. As a Big Mac is a completely standardized product across the world, the argument goes that it should have the same relative cost in every country. Differences in the cost of a Big Mac expressed as U.S. dollars therefore reflect differences in the purchasing power of each currency. Is the Big Mac index a good measure of purchasing power parity? Purchasing power parity (PPP) is the idea that items should cost the same in different countries, based on the exchange rate at that time. This relationship does not hold in practice. Factors like tax rates, wage regulations, whether components need to be imported, and the level of market competition all contribute to price variations between countries. The Big Mac index does measure this basic point – that one U.S. dollar can buy more in some countries than others. There are more accurate ways to measure differences in PPP though, which convert a larger range of products into their dollar price. Adjusting for PPP can have a massive effect on how we understand a country’s economy. The country with the largest GDP adjusted for PPP is China, but when looking at the unadjusted GDP of different countries, the U.S. has the largest economy.

The benchmark interest rate in Nigeria was last recorded at 27.50 percent. This dataset provides - Nigeria Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Nigeria decreased to 4.30 percent in the second quarter of 2024 from 5.30 percent in the first quarter of 2024. This dataset provides the latest reported value for - Nigeria Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.