Food prices increased in December 2022 – NBS

The report said that the average price of 1kg beef boneless on a year-on-year basis, increased by 28.75 per cent from N1,846.39 recorded in December 2021 to N2,377.29 in December 2022.

“While on a month-on-month basis, 1kg beef boneless increased by 1.70 per cent from N2,337.46 recorded in November 2022.”

It showed the average price of 1kg rice (local, sold loose) increased on a year-on-year basis by 19.21 per cent from N424.62 in December 2021 to N506.17 in December 2022.

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