#Daily Chart: Nigeria’s Food Inflation Rate – April 2023 Charts TwentyTenDaily May 16, 2023 0 152 1 minute read On a year-on-year basis, the food inflation rate was 6.24% points higher when compared to the rate recorded in April 2022, which was 18.37%. This shows that the food inflation rate on a year-on-year basis increased in April 2023 when compared to the same month in the preceding year (i.e., April 2022).