Food price index in Africa’s most populous country dipped by 2.4 percent in April as prices of maize, wheat, okro and others eased, according to data from the National Bureau of Statistics released Thursday.
The NBS report shows that yam flour, soybeans, rice, bambara beans, and brown beans were major drivers of the decline for the month.
On a year-on-year basis, food inflation dropped 19.27 percent to 21.26 percent from 40.53 percent in April 2024. It also eased by 2.4 percent from 21.79 percent in March 2025.