Federal finance and statistics / National Bureau of Statistics

Selected Food Prices Watch (October 2023)

Exeutive Summary Selected Food Price Watch for October 2023 shows that the average price of 1kg of Tomato rose by 48.73% on a year-on-year basis from N454.46 in October 2022 to N675.91 in October 2023. On a month-on-month basis, it increased by 19.48% from N565.69 in September 2023. Similarly, the average price of 1kg Rice local sold loose rose by 68.10% on a year-on-year basis from N487.47 in October 2022 to N819.42 in October 2023, while on a month-on-month basis, there was an increase of 8.24%. The average price of 1kg of Beans brown (sold loose) rose by 39.90% on a year-on-year basis from …