Federal finance and statistics / National Bureau of Statistics

Selected Food Prices Watch (November 2023)

Executive Summary Selected Food Price Watch for November 2023 shows that the average price of 1kg Rice local sold loose stood at N867.18. This indicates a rise of 73.16percent in price on a year-on-year basis from N500.80 recorded in November 2022 and 5.83% rise in price on a month-on-month basis from N819.42 in October 2023. The average price of 1kg of Beef boneless increased by 29.61% on a year-on-year basis from N2,337.46 in November of last year (2022) to N3,029.50 in November 2023. On a month-on-month basis, the average price of this item increased by 2.76% from N2,948.03 in October 2023.…