Energy inflation 2023

Nigeria

Average energy inflation
20.3%
+5.6 higher than 2022
vs overall inflation: 24.5%

What's included in energy?

Energy CPI - not the same as COICOP CP045 (World Bank category)

Monthly progress

Monthly energy inflation during 2023.

Month overview

Month Energy
January 17.9%
February 18.1%
March 18.2%
April 18.3%
May 18.3%
June 18.5%
July 19.9%
August 21.8%
September 22.5%
October 22.9%
November 23.4%
December 24.0%
Average 20.3%