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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
NigeriaNigeria CPI YoY climbed to 15.93% in May 2026
FMPMonthlyReleased June 2026
Nigeria CPI YoY climbed to 15.93% in May 2026, released June 2026, up 0.24% from April's 15.69% reading.
Latest Release
15.930000
Actual
—
Consensus
15.690000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
CPI YoY (Nigeria) was reported at 15.93% in June 2026. The reading rose from the previous value of 15.69%. Trailing 12-month context per ETL data through June 2026.
WHY IT MATTERS
The indicator has been trending upward over the last three releases.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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CPI YoY - NG
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About CPI YoY — Nigeria
DEFINITION
Nigeria's CPI YoY rose to 15.930000% in May, up from April's 15.690000%, indicating accelerating inflation. This increase marks a continued upward trend in consumer prices, reflecting persistent inflationary pressures. Market participants will watch for central bank responses amid this rising inflation environment. Updated 6/15/26
WHY THIS INDICATOR MATTERS
Inflation prints feed directly into central-bank policy expectations and real-yield calculations, and are among the most rate-sensitive releases on the calendar. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual 15.93 %. Prior reading (May 2026): 15.93 %. Before that (Apr 2026): 15.69 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.
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EXPECTED ZONE
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