Federal finance and statistics / National Bureau of Statistics

Selected Food Prices Watch (September 2023)

Executive Summary Selected Food Price Watch for September 2023 shows that the average price of 1kg of Beef boneless stood at N2,816.91. This indicates 28.08% rise in price on a year-on-year basis from N2,199.37 recorded in September 2022 and 0.62% rise in price on a month-on-month basis from N2,799.51 in August 2023. The average price of 1kg of Rice local sold loose increased by 60.59% on a year-on-year basis from N471.42 in September 2022 to N757.06 in September 2023. On a month-on-month basis, the average price of this item increased by 2.48% from N738.74 in August 2023. The average price of…