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The National Bureau of Statistics, [NBS] has announced that prices of selected food items in the Nigeria have remain in the increase in the month of November.
The report was contained in the agency’s Watch Report for November 2022, released in Abuja on Monday.
The report said that the average price of 1kg boneless beef on a year-on-year basis, increased by 29.00 per cent from N1,812.03 recorded in November 2021 to N2,337.46 in November 2022
The report has it that the average price of 1kg bonlees beef on a year-on-year basis, increased by 29.00 per cent from N1,812.03 recorded in November 2021 to N2,337.46 in November 2022.
The also revealed that the average price of 1kg rice (local) increased on a year-on-year basis by 18.95 per cent from N421.02 in November 2021 to N500.80 in November 2022.
“On a month-on-month basis, the average price of this item increased by 2.73 per cent from N487.47 recorded in October 2022. ”
Also it is said in the report that the average price of 1kg of tomato on a year-on-year basis rose by 30.18 per cent from N350.15 in November 2021 to N455.13 in November 2022.
Going further, the report showed that the average price of 1kg brown beans (sold loose) rose by 18.03 per cent on a year-on-year basis from N490.19 recorded in November 2021 to N578.55 in November 2022.
The agency also noted that the average price of Palm oil (1 bottle) increased by 29.87 per cent from N775.11 in November 2021 to N1,006.64 in November 2022.
Also, the report revealed that the average price of Vegetable oil (1 bottle) stood at N1,142.99 in November 2022, indicating an increase of 30.41 per cent from N876.47 in November 2021.
“On a month-on-month basis, it rose by 3.34 per cent from N1,106.08 recorded in October 2022.”
The report revealed that the average price of a yam tuber stood at N421.08 in November 2022, indicating an increase of 29.25 per cent from N325.78 in November 2021.
The NBS report further revealed that the average price of white garri (sold loose) stood at N325.82 in November 2022, indicating an increase of 7.79 per cent from N302.28 in November 2021.
The report also revealed that at the state level, the highest average price of rice (local, sold loose) was recorded in Rivers State, at N632.05, while the lowest price was recorded in Jigawa State, at N378.81.
Ebonyi state recorded the highest average price of beans (brown, sold loose) at N868.33, while the lowest was recorded in Kebbi state at N365.71, the report also reveals.
Ekiti state recorded the highest price of Vegetable oil (1 bottle) at N1,584.31, while Kwara state on other hand, recorded the lowest price at N693.08.
A zonal analysis showed that the average price of 1kg boneless beef was higher in the South-East and South-South at N2,851.51 and N2,570.87, respectively, while the lowest price of the item was recorded in the North-East at N1,971.83.
The report showed the South-South recorded the highest average price of 1kg rice (local, sold loose) at N555.80, followed by the South-West at N526.41, while the lowest price was recorded in the North-West at N457.16.
South-West recorded the highest average price of Palm oil (1 bottle) with N1,174.30, followed by the North-West at N1,129.63, while the North-East recorded the lowest price at N765.04, the report revealed.
NAN
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