Federal finance and statistics / National Bureau of Statistics

Selected Food Prices Watch (February 2023)

Executive Summary Selected Food Price Watch for February 2023 shows that the average price of 1kg Beef boneless stood at N2,445.96 in February 2023. This indicated that on a year-on-year basis, the price rose by 27.43% from the value recorded in February 2022 (N1,922.2), and 1.12% on a month-on-month basis from N2,418.91 in January 2023. The average price of 1kg of Tomato increased on a year-on-year basis by 19.08% from N393.08 in February 2022 to N468.09 in February 2023. On a month-on-month basis, the average price of this item increased by 0.22% in February 2023. The average price of 1kg of…