In the “SELECTION FOOD PRICE WATCH DATA FOR JANUARY 2021”, the National Bureau of Statistics (NBS) explained how prices of different food items rose in the last month.
The data revealed that the average price of a dozen of Agricultural eggs medium size increased (year-on-year) by 12.48% and (month-on month) by 2.26% to N510.84 in January 2021 from N499.55 in December 2020. The average price of piece of the medium sized eggs (price of one) increased year-on-year by 15.03 per cent and month-on-month by 1.79 per cent to N46.21 in January 2021 from N45.40 in December 2020.
According to the data, the average price of 1kg of tomato increased year-on-year by 22.11 per cent and decreased month-on-month by -6.59 per cent to N289.66 in January 2021 from N310.10 in December 2020.
The National Bureauof Statistics’ data explained that the average price of 1kg of rice (imported high quality sold loose) increased year-on-year by 21.69 per cent and month-on month by 0.11 per cent to N551.57 in January 2021 from N550.94 in December 2020.
Also, the data disclosed the average price of 1kg of yam tuber increased year-on-year by 21.56 per cent and month on month by 0.51 per cent to N234.67 in January 2021 from N233.48 in December 2020.