Food prices rose roughly 13.9% from January to August 2025, according to the rebased Consumer Price Index (CPI) from the National Bureau of Statistics.
Month-on-month inflation for food fluctuated, with some months seeing sharper increases than others.
Using January as a baseline, the purchasing power of money for food declined steadily, meaning households need more naira to buy the same items.
Food carries a large weight in the CPI basket, making it a major driver of overall inflation and cost-of-living increases.
With 120% and 118% inflation rates, respectively, the two top nations are experiencing economic meltdowns, making essentials like food and housing almost unattainable.
With 57.5% inflation, Zimbabwe continues its battle against economic instability, making it the 4th highest in the world and the worst in Africa.
The fact that several countries exceed the global average of 7.27% by 4x to 16x highlights the severe economic strain facing multiple regions.
Countries with inflation above 30% risk prolonged economic instability as businesses struggle to survive and citizens face rising poverty levels.
