Prices of food continue to rise in September — NBS

Date:


The National Bureau of Statistics (NBS), said that prices of selected food items increased in September.

This is according to the NBS Selected Food Prices Watch Report for September 2022 released in Abuja on Friday.

The report said that the average price of 1kg of Tomato on a year-on-year basis, increased by 30.06 per cent, from N342.25 recorded in September 2021 to N445.12 in September 2022.

“While on a month-on-month basis, 1kg of tomato increased to N445.12 in September 2022 from N430.93 recorded in August 2022, indicating a 3.29 per cent increase.”

The report showed that the average price of 1kg of rice (local, sold loose) increased on a year-on-year basis by 14.98 per cent from N410.01 recorded in September 2021 to N471.42 in September 2022.

“On a month-on-month basis, the average price of this item increased by 3.82 per cent in September 2022.”

The average price of 1kg of beans (brown, sold loose) increased on a year-on-year basis by 13.14 per cent from N492.13 recorded in September 2021 to N556.81 in September 2022.

Also, the report showed that on a month-on-month basis, 1kg of beans (brown. sold loose) increased by 2.05 per cent from N545.61 in August 2022.

It said the average price of 1kg of beef (boneless) increased by 24.39 per cent on a year-on-year basis from N1,768.14 recorded in September 2021 to N2,199.37 in September 2022.

Also, the report showed that the average price of Palm oil (1 bottle) increased by 30.70 per cent from N709.50 in September 2021 to N927.34 in September 2022.

” It also grew by 3.42 per cent on a month-on-month basis.”

The report said the average price of Vegetable oil (1 bottle) stood at N1, 075.89 in September 2022, showing an increase of 32.35 per cent from N812.94 recorded in September 2021.

“On a month-on-month basis, it rose by 2.52 per cent from N1049.49 in August 2022.”

The report showed that at the state level, the highest average price of rice (local, sold loose) was recorded in Rivers at N621.61, while the lowest price was recorded in Jigawa at N371.

The report said that Ebonyi recorded the highest average price of beans (brown, sold loose) at N857.02, while the lowest price was reported in Benue at N368.21.

It said Abia recorded the highest price of Vegetable oil (1 bottle) at N1,464.44, while Benue recorded the lowest price at N643.64.

It said analysis by zone showed that the average price of 1kg of tomato was higher in the South-South and South-East at N711.32 and N643.25, respectively, while the lowest price was recorded in the North-East at N209.22.

The report said that South-South recorded the highest average price of 1kg of rice (local, sold loose) at N519.22, followed by the South-West with N514.37, while the lowest price of was recorded in the North-West at N417.00.

Also, the report showed that the South-East recorded the highest average price of Beans (brown, sold loose) at N789.74, followed by the South-South at N673.16, while the North-East recorded the least price at N397.04.

Facebook Comments Box

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Latest

More like this
Related

APC Adopts Olarewaju as Consensus Reps Candidate in Amuwo-Odofin

Leaders of the All Progressives Congress in Amuwo-Odofin Federal...

Tinubu’s Reforms Will Benefit Workers Long-Term — APC Chieftain Bankole

A member of the National Working Committee of the...

Petrol Prices Surge to N1,444/Litre as Global Oil Tensions Bite Nigeria

Petrol prices have risen sharply across Nigeria, with pump...

Supreme Court Decisions Shake ADC, PDP Leadership as INEC, Wike React

A series of Supreme Court rulings on Friday have...

King Charles Meets Trump, Addresses Congress Amid US-UK Tensions

Britain’s monarch, Charles III, is set to receive a...

Ayo Arise Joins APC Senatorial Race, Promises Development Push for Ekiti North

Former Senate Committee Chairman on Privatisation, Ayo Arise, has...

Ekiti Court Sentences Two Men to Death by Hanging for Armed Robbery

An Ekiti State High Court sitting in Ado-Ekiti has...

Bella Shmurda Speaks on Music as Warfare

Nigerian singer Bella Shmurda has described music as more...