Selected Food Price Watch for June 2023 shows that the average price of 1kg of Beef boneless stood at N2,653.02 in June 2023. This indicates a growth of 27.55% on a year-on-year basis from N2,079.93 recorded in June 2022 and a 5.26% rise on a month-on-month basis from N2,520.52 in the previous month. Also, the average price of 1kg of Tomato increased by 24.86% on a year-on-year basis from N438.33 in June 2022 to N547.28 in June 2023. On a month-on-month basis, the average price of the product increased by 9.82%. The average price of 1kg of Rice local (sold loose) rose by 32.17% on a year-on-year basis from N460.17 in June 2022 to N608.20 in June 2023. On a month-on-month basis, it increased by 9.55% from N555.18 in May 2023. 

Data source: National Bureau of Statistics

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