EXECUTIVE SUMMARY
The Kaduna State Consumer Price Index (CPI) 2021 Annual Report, shows the state’s Annual
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 Annual Average CPI Year-On-Year Inflation Rate for Kaduna State stands at 16.68% at the
end of December, 2021. This was 5.13% higher than the rate recorded at the end of December,
2020 (11.55%).