Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
NigeriaNigeria Inflation Rate YoY climbed to 15.69% in April 2026
FMPMonthlyReleased May 2026
Nigeria Inflation Rate YoY climbed to 15.69% in April 2026, released May 2026, up 0.31% from March's 15.38% reading. The reading matched expectations. Inflation Rate YoY has now risen for 3 consecutive months. Over the past 3 months, Inflation Rate YoY averaged 15.18%, vs 15.23% in the prior 3-month window. The reading is in the 18th percentile of the trailing 24-month range.
Latest Release
15.69
Actual
15.7
Consensus
15.38
Previous
Median Absolute Error
±1.12 percentage points
across last 12 releases
Last Call
Mar 2026
Predicted: 15.94
Actual: 15.06
Error: +0.88
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 |
|---|---|---|---|---|---|
| BTC/USD | ▲ Direct | +0.73 | CRYPTO | Bullish BTC | → View |
| XAU/USD | ▼ Inverse | −0.60 | COMMODITIES | Bearish XAU | → View |
| GBP/USD | ▼ Inverse | −0.31 | FOREX | Bearish GBP | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
The May 2026 reading rose from the previous value of 15.38. Over the last 12 releases, the Sigmanomics model has produced a median absolute forecast error of ±1.12. Historically, this indicator is positively correlated with BTC/USD (Bullish BTC) and negatively correlated with XAU/USD (Bearish XAU).
SHARE
Inflation Rate YoY - NG
Loading chart data...