In March 2024, Nigeria’s inflation rate increased to 33.20% from 31.70% recorded in February 2024.
However, food inflation for the month under review clocked 40.01% from 37.92% recorded in the previous month.
By geopolitical zone, food inflation was highest in the South-South zone at 43.71% closely trailed by the South-East at 42.72% and the South-West at 42.08%.
Also, the North-west geopolitical zone recorded the lowest food inflation rate for the month at 35.42%.
Top 10 states where food is most expensive in Nigeria in March 2024, according to the National Bureau of Statistics are:
