Group 5 presented on price and inflation trends in Nigeria. The document contained charts showing the composite consumer price index from 1995 to 2014, with inflation highest in the late 1990s and late 2000s. It also showed relationships between demand-side and supply-side year-over-year inflation rates from 1996 to 2012. Finally, it listed consumer expenditure weights for various item categories in the consumer price index.
Original Description:
Relationship between CPI and GDP deflator in Nigeria
Group 5 presented on price and inflation trends in Nigeria. The document contained charts showing the composite consumer price index from 1995 to 2014, with inflation highest in the late 1990s and late 2000s. It also showed relationships between demand-side and supply-side year-over-year inflation rates from 1996 to 2012. Finally, it listed consumer expenditure weights for various item categories in the consumer price index.
Group 5 presented on price and inflation trends in Nigeria. The document contained charts showing the composite consumer price index from 1995 to 2014, with inflation highest in the late 1990s and late 2000s. It also showed relationships between demand-side and supply-side year-over-year inflation rates from 1996 to 2012. Finally, it listed consumer expenditure weights for various item categories in the consumer price index.
Presentation by: Group 5 Composite Consumer Price Index - Monthly 0 20 40 60 80 100 120 140 160 180 J a n - 9 5 M a y - 9 5 S e p - 9 5 J a n - 9 6 M a y - 9 6 S e p - 9 6 J a n - 9 7 M a y - 9 7 S e p - 9 7 J a n - 9 8 M a y - 9 8 S e p - 9 8 J a n - 9 9 M a y - 9 9 S e p - 9 9 J a n - 0 0 M a y - 0 0 S e p - 0 0 J a n - 0 1 M a y - 0 1 S e p - 0 1 J a n - 0 2 M a y - 0 2 S e p - 0 2 J a n - 0 3 M a y - 0 3 S e p - 0 3 J a n - 0 4 M a y - 0 4 S e p - 0 4 J a n - 0 5 M a y - 0 5 S e p - 0 5 J a n - 0 6 M a y - 0 6 S e p - 0 6 J a n - 0 7 M a y - 0 7 S e p - 0 7 J a n - 0 8 M a y - 0 8 S e p - 0 8 J a n - 0 9 M a y - 0 9 S e p - 0 9 J a n - 1 0 M a y - 1 0 S e p - 1 0 J a n - 1 1 M a y - 1 1 S e p - 1 1 J a n - 1 2 M a y - 1 2 S e p - 1 2 J a n - 1 3 M a y - 1 3 S e p - 1 3 J a n - 1 4 All-item Index All-items less Farm Produce Food Relationship between Demand & Supply-side Y-O-Y Inflation -10.0% -5.0% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 35.0% 40.0% 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Inflation (Supply side / Farm Gate) Inflation (Demand side / Consumer) CPI and Expenditure Weight of Items Items Weights All items 1000 All items less farm produce 513.1 Food 507.06 All items less farm produce, and Energy 428.1 Imported Food 132.5 Food & Non Alcoholic Bev. 518 Alcoholic Beverages. Tobacco & Kola 10.87 Clothing and Footwear 76.5 Housing Water, Electricity. Gas and Other Fuel 167.3 Furnishings & Household Equipment Maintenance 50.26 Health 30 Transport 65.1 Communication 6.8 Recreation and Culture 6.91 Education 39.44 Restaurant & Hotels 12.1 Miscellaneous Goods & Services 16.6