National Bureau of Statistics, NBS, has lamented the skyrocketing prices of some selected food items in the month of November.
The NBS Selected Food Prices Watch Report for November 2022, released in Abuja on Monday revealed 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.
It highlighted that on a month-on-month basis, the 1kg boneless beef increased by 3.14 per cent from N2,266.24 recorded in October 2022.
The report showed 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.
But on a month-on-month basis, the average price of the item increased by 2.73 per cent from N487.47 recorded in October 2022.
The report highlighted 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.
It increased by 0.15 per cent from N454.46 recorded in October 2022 on a month-on-month basis.
NBS noted 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.
But on a month-on-month basis, the price of the same product rose by 2.45 per cent from N564.69 recorded in October 2022.
The statistics house hinted 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.
It also grew by 3.91 per cent from the N968.76 recorded in October 2022, on a month-on-month basis.
The NBS noted 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.
But on a month-on-month basis, it rose by 3.34 per cent from N1,106.08 recorded in October 2022.
The report added that the average price of a yam tuber stood at N421.08 in November 2022, showing an increase of 29.25 per cent from N325.78 in November 2021.
It also increased by 2.74 per cent from N409.86 recorded in October 2022, on a month-on-month basis.
The NBS noted that the average price of white garri, sold loose, stood at N325.82 in November 2022, an increase of 7.79 per cent from N302.28 in November 2021.
But on a month-on-month basis, the item increased by 2.49 per cent from N317.90 recorded in October 2022.
The report revealed that at the state level, the highest average price of rice–local, sold loose-–was recorded in Rivers at N632.05, while the lowest price was recorded in Jigawa at N378.81.
It hinted that 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 indicated that Ekiti recorded the highest price of Vegetable oil, 1 bottle, at N1,584.31, while Kwara recorded the lowest price at N693.08.
It said the analysis by zone 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 hinted that 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.
It also highlighted that South-West recorded the highest average price of Palm oil, 1 bottle, at N1,174.30, followed by the North-West at N1,129.63, while the North-East recorded the lowest price at N765.04.
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