According to data released by the National Bureau of Statistics on Sunday, the headline index was weighed down by slower increases in major divisions such as housing, water, electricity, gas, fuel, furnishing and household equipment.
Food inflation remained steady at 10.6% in January compared with the previous month.
During the month, all major food groups which contribute to the food sub-index increased at a faster pace during the month, with the exception of the fruit vegetables.
The NBS also stated in its petrol price watch that Nigerians paid an average sum of 109 Naira 59 kobo per litre for the product in January.
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