Federal finance and statistics / National Bureau of Statistics

Selected Food Prices Watch (July 2023)

Executive Summary Selected Food Price Watch for July 2023 shows that the average price of 1kg of Beef boneless stood at N2,758.13 in July 2023. This indicates 30.17% rise in price on a year-on-year basis from N2,118.84 recorded in July 2022 and 3.96% rise in price on a month-on-month basis from N2,653.02 in June 2023. The average price of 1kg of Tomato increased by 24.88% on a year-on-year basis from N446.81 in July 2022 to N557.96 in July 2023. On a month-on-month basis, the average price of this item increased by 1.95% from N547.28 in June 2023. The average price of 1kg of Beans brown (sold …