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Food prices rise across Nigeria in October with tomato up 32%~NBS

By on November 24, 2020 0 180 Views

The prices of some major selected food items increased in October 2020 by as much as 5.48 percent year-on-year for eggs and 31.81 percent for tomatoes, the National Bureau of Statistics (NBS) said on Tuesday.

NBS said in its latest report on Food Price Watch for October 2020, said the prices of poultry products, such as eggs, as well as other commodities, increased in price during the month under review.

“Selected food price watch data for October 2020 reflected that the average price of one dozen of agric eggs medium size increased year-on-year by 5.48 percent and month-on-month by 1.47 percent to N487.81 in October 2020 from N480.76 in September 2020.

“The average price of piece of agric eggs medium size (price of one) increased year-on-year by 7.92 percent and month-on-month by 1.92 percent to N43.72 in October 2020 from N42.90 in September 2020,” the report state.

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The bureau said the average price of 1kg of tomato increased year-on-year by 31.81 percent and month-on-month by 7.22 percent to N307.63 in October 2020 from N286.92 in September 2020.

It further stated that the average price of 1kg of rice (imported high quality sold loose) increased year-on-year by 38.62 percent and month-on-month by 2.75 percent to N530.32 in October 2020 from N516.13 in September 2020.

Similarly, the NBS stated that the average price of 1kg of yam tuber increased year-on-year by 35.11 percent.

The price, however, decreased month on month by -1.12 percent to N242.87 in October 2020 from N245.62 in September 2020.

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