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Nigeria - Monthly Inflation Rate: 1991-2005 (Reviewed, 11th Dec 2005)

2003 to 2005 Inflation Rates

MONTH/YEAR

2003

2004

2005

JANUARY

12.3

15.0

14.0

FEBRUARY

11.4

16.5

12.9

MARCH

10.5

17.8

12.5

April

10.1

18.5

12.6 

May

10.0

19.4

1205

June

10.1

19.4

12.9 

July

10.0

19.1

14.2

August

10.0

19.1

 15.5

September

10.7

18.2

16.8

October

12.3

17.1

 

November

13.0

16.1

 

December

14.0

15.0

 

All Above figures are in %

Source:   Federal Office of Statistics, Nigeria 

1991 to 2002 Inflation Rates

 
MONTH/YEAR 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002
JANUARY 5.9 15 46.2 57.7 59.1 69.7 26.8 8.1 10.4 5.2 8.6 18.9
FEBRUARY 4.8 16.6 48.8 58 60 66.5 24.4 7.7 10.9 3.9 10.3 18.9
MARCH 4.3 18.7 50.3 57.4 63.5 63 22.4 7 11.6 2.7 11.9 18.8
APRIL 4.4 21.3 51.6 56.8 66.5 58.3 21 6.5 11.9 1.8 13.9 17.9
MAY 4.8 23.6 53.6 55.1 70.3 53.5 19.2 6.3 12.2 1.1 15.7 16.8
JUNE 5.9 26.8 54.3 53.5 74.2 48.7 17.5 6.4 12.1 0.9 16.6 16.4
JULY 6.7 30.4 54.5 52.6 77.1 44.7 15.6 6.6 11.6 1.2 17.7 16.2
AUGUST 7.7 33.7 54.7 52.8 78.2 41 13.6 7.3 10.6 2.2 18.1 15.5
SEPTEMBER 8.7 37 55 53.2 78.5 37.4 11.6 8.2 9.8 3.3 18.4 14.8
OCTOBER 10 39.8 55.6 54 77.6 34.7 9.9 9 8.8 4.5 18.6 13.6
NOVEMBER 11.3 42.6 56.2 55.3 75.5 32.2 8.7 9.8 7.6 5.8 18.7 13.2
DECEMBER 13 44.5 57.2 57 72.8 29.3 8.5 10 6.6 6.9 18.9 12.9
(in %)  
Source:   Federal Office of Statistics, Nigeria  

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