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Data & Statistics | All CBN Publications

Inflation Rates (Per cent)
  2004
Month October November December
All Items (Year on Change) 10.70 10.00 10.00
All Items (12 Months Avg. Change) 17.10 16.10 15.00
Food (Year on Change)/1 15.40 15.10 12.10
Food (12 Months Avg. Change)/1 14.60 14.80 14.50
All Items Less Farm Produce (Year on Change)/2 3.40 3.20 5.90
All Items Less Farm Produce (12 Months Avg. Change)/2 20.70 17.90 15.50
All Items Less Farm Produce and Energy (Year on Change)/3 6.40 4.60 -1.80
All Items Less Farm Produce and Energy (12 Months Avg. Change)/3 17.50 15.50 13.10
       
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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Facts : 1/1/1900
Development Stocks:The first development stock was issued in 1946. Central Bank of Nigeria took the responsiblity of issuing stock at its inception. The Lagos Stock Exchange (now Nigerian Stock Exchange) was set up in 1961 to take over transactions in the stocks.
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