Connect with us

Africa

Nigerian statistics show price increase in certain food items since April

Published on

Nigerian statistics show price increase in certain food items since April

The National Bureau of Statistics (NBS) has said that the average price of some selected food items in Nigeria increased in April.

The NBS said this in its “Selected Food Price Watch (April 2019)’’ report released on its website.

It said the average price of one dozen of medium sized egg increased from N459.81 in March to N467.18 in April.

The bureau said the price of a dozen of medium sized egg decreased year-on-year by 15.38 cent and increased month-on-month by 1.60 percent in the period under review.

It said the average price of a piece of medium sized egg decreased year-on-year by 0.71 percent and increased month-on-month by 0.06 percent to N41.95 in April from N41.92 in March.

According to the report, the average price of one kilogramme of tomato decreased year-on-year by 11.14 percent and increased month-on-month by 7.05 percent to N257.25 in April from N240.30 recorded in March.

It said the average price of one kilogramme of rice (imported high quality sold loose) decreased year-on-year by 3.20 percent and month-on-month by 1.20 percent to N357.55 in April from N361.90 in March.

“Similarly, the average price of one kilogramme of yam tuber decreased year-on-year by 20.48 percent and increased month-on month by 10.69 percent to N222.36 in April from N200.88 in March,’’ it added.

The NBS said in arriving at the report, field work was done by more than 700 NBS staff in all states of the federation supported by supervisors, who were monitored by internal and external observers.

It said the NBS audit team subsequently conducted randomly selected verification of the prices recorded.

 – APA

Loading...