Nigeria Consumer Business

Source data

Old and rebased consumer price index weights by spending division in Nigeria

Sources checked

Consumer basket weightsFormer and rebased CPI spending weights

Former basket

Shared scale · 0% to 51.8%

  • Food and non-alcoholic beverages51.8%
  • Alcoholic beverages, tobacco and narcotics1.1%
  • Clothing and footwear7.7%
  • Housing, water, electricity, gas and other fuels16.7%
  • Furnishings and household equipment5%
  • Health3%
  • Transport6.5%
  • Information and communication0.7%
  • Recreation, sport and culture0.7%
  • Education services3.9%
  • Restaurants and accommodation1.2%
  • Insurance and financial services0%
  • Personal care and other goods and services1.7%

Switch the weight basis to see which categories have more influence on the index calculation.

Source 1

Old and rebased consumer price index weights by spending division in Nigeria

The 2024 price-reference basket uses 2023 expenditure weights. The National Bureau of Statistics compares it with the former 2009 price-reference framework. The source weights are rounded to one decimal place.

13 records
Source
Food and non-alcoholic beverages51.840.0-11.8Source 1
Alcoholic beverages, tobacco and narcotics1.10.4-0.7Source 1
Clothing and footwear7.75.0-2.7Source 1
Housing, water, electricity, gas and other fuels16.78.4-8.3Source 1
Furnishings and household equipment5.03.0-2.0Source 1
Health3.06.13.1Source 1
Transport6.510.74.2Source 1
Information and communication0.73.32.6Source 1
Recreation, sport and culture0.70.3-0.4Source 1
Education services3.96.22.3Source 1
Restaurants and accommodation1.212.911.7Source 1
Insurance and financial services0.00.50.5Source 1
Personal care and other goods and services1.73.31.6Source 1

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