The National Bureau of Statistics (NBS), stated that costs of chosen food products increased in October. This is according to the NBS Selected Food Prices Watch Report for October, launched in Abuja on Wednesday. The report stated that the typical cost of 1kg onion bulb on a year-on-year basis, increased by 32.56 percent from N30607 taped in October 2021 to N40572 in October2022 “While on a month-on-month basis, 1 kg of onion bulb increased to N40572 in Oct. 2022 from N39718 tape-recorded in Sept. 2022, showing a 2.15 percent boost,” the report stated. The report revealed that the typical rate of 1kg rice (regional, offered loose) increased on a year-on-year basis by 17.45 percent from N41503 tape-recorded in October 2021 to N48747 in October2022 “On a month-on-month basis, the typical cost of this product increased by 3.40 percent in Oct. 2022 from N47142 taped in Sept. 2022,” the report states. The NBS stated the typical cost of 1kg of tomato increased on a year-on-year basis by 30.79 percent from N34747 tape-recorded in October 2021 to N45446 in October2022 The report revealed that on a month-on-month basis, 1 kg of tomato increased by 2.10 percent from N44512 in September2022 The report revealed that the typical rate of 1kg brown beans (offered loose) increased by 17.95 percent on a year-on-year basis, from N47876 taped in October 2021 to N56469 in October2022 The report revealed that the typical cost of Palm oil (1 bottle) increased by 33.22 percent from N72721 tape-recorded in October 2021 to N96876 in October2022 “It likewise grew by 4.47 percent on a month-on-month basis from N92734 tape-recorded in Sept. 2022,” the report stated. The typical cost of Vegetable oil (1 bottle) stood at N1, 106.08 in October 2022, showing a 33.99 percent boost from N82546 tape-recorded in October2021 “On a month-on-month basis, it increased by 2.81 percent from N1, 075.89 in Sept. 2022,” the report stated. The report exposed that the typical cost of 500 g sliced bread increased by 36.68 percent on a year-on-year basis from N38277 tape-recorded in October 2021 to N52316 in October2022 “On a month-on-month basis, the product increased by 2.23 percent from N51174 tape-recorded in Sept. 2022,” states the report. The report revealed that at the state level, the greatest typical rate of rice (regional, offered loose) was taped in Rivers at N63066, while the most affordable cost was taped in Jigawa at N38154 It stated Ebonyi taped the greatest typical cost of beans (brown, offered loose) at N84874, while the most affordable cost was reported in Plateau at N36003 “In addition, Abia tape-recorded the greatest rate of Vegetable oil (1 bottle) at N1, 484.31, while Benue taped the most affordable cost at N65089,” the report stated. It stated that Cross River tape-recorded the greatest typical cost of 1kg of onion bulb at N98062 while Benue taped the most affordable rate at N18034 The report likewise revealed that the greatest typical rate for 1kg of tomato was tape-recorded in Delta at N82455 while the most affordable cost was at N16667 in Taraba. It stated the greatest typical cost of 500 g sliced bread was tape-recorded in Abuja at N70500 while Plateau tape-recorded the most affordable rate at N31000 The report stated analysis by zone revealed that the typical cost of 1kg onion bulb was greater in the South-South and South-East at N67063 and N53831, respectively, while the most affordable rate was taped in the North-East at N21283 It stated the South-South taped the greatest typical rate of 1kg rice (regional, offered loose) at N54503, followed by the South-West with N51953, while the most affordable cost was tape-recorded in the North-West at N43506 The report revealed that the South-East tape-recorded the greatest typical cost of Palm oil (1 bottle) at N1, 101.04, followed by the South-West at N1,09617, while the North-Central taped the most affordable rate at N74262 (NAN) We have actually just recently deactivated our site’s remark service provider in favour of other channels of circulation and commentary. We motivate you to sign up with the discussion on our stories by means of our Facebook, Twitter and other social networks pages.
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