Food inflation 2023
Nigeria
Average food inflation
27.6%
+6.8 higher than 2022
vs overall inflation: 24.5%
What's included in food?
Food CPI - broader than COICOP CP01 (World Bank category)
Monthly progress
Monthly food inflation during 2023.
Month overview
| Month | Food |
|---|---|
| January | 24.2% |
| February | 24.2% |
| March | 24.3% |
| April | 24.5% |
| May | 24.7% |
| June | 25.1% |
| July | 26.8% |
| August | 29.1% |
| September | 30.4% |
| October | 31.3% |
| November | 32.6% |
| December | 33.7% |
| Average | 27.6% |