EXECUTIVE SUMMARY
The Kaduna State Consumer Price Index (CPI) report, January 2022 shows the state’s Year on Year and Month on Month Inflation Rate.
The Consumer Price Index (CPI) measures the average change in the price level of market basket of consumer goods and services purchased by households and a very important key indicator of inflationary change which measures state of an economy.
The Kaduna State CPI Report is targeted at providing Kaduna State with Monthly average changes of selected Goods and Services consumed by people for day-to-day living as well as showing the Year-on-Year Inflation rate of the State.
The CPI Year-On-Year Inflation Rate for Kaduna State stands at 15.31% in January, 2022. This was 2.43% lower than the rate recorded in December, 2021 17.74%.