Food inflation 2024
Nigeria
Average food inflation
39.0%
+11.4 higher than 2023
vs overall inflation: 33.2%
What's included in food?
Food CPI - broader than COICOP CP01 (World Bank category)
Monthly progress
Monthly food inflation during 2024.
Month overview
| Month | Food |
|---|---|
| January | 35.2% |
| February | 37.7% |
| March | 39.8% |
| April | 40.3% |
| May | 40.5% |
| June | 40.7% |
| July | 39.4% |
| August | 37.4% |
| September | 37.7% |
| October | 39.1% |
| November | 39.9% |
| December | 39.8% |
| Average | 39.0% |