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Prices of eggs, rice, tomato, yam slumped in July – NBS

Olamiposi Oluwaseyi by Olamiposi Oluwaseyi
August 27, 2019
in Economy
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Financial Street - Prices of eggs, rice, tomato, yam slumped in July – NBS
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The prices of eggs, tomato, rice and yam slumped in July, the National Bureau of Statistics has revealed.

In a selected food price watch data for July 2019 released on its website, the bureau stated, “Average price of one dozen of medium size agric eggs decreased year-on-year by -0.73 per cent and month-on-month by -5.45 per cent to N468.31 in July 2019 from N495.32 in June 2019 while the average price of a piece of medium size agricegg decreased year-on-year by -6.88 per cent and month-on-month by -2.35 per cent to N38.38 in July 2019 from N39.31 in June.”

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Also, the average price of 1kg of tomato declined year-on-year by -39.47 per cent and month-on-month by -9.96per cent to N203.55 in July 2019 from N226.07 in June.

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The NBS also posted that the average price of 1kg of rice (imported high quality sold loose) reduced year-on-year by -3.96 per cent and increased month-on-month by 0.93per cent to N356.10 in July 2019 from N352.83 in June.

“The average price of 1kg of yam tuber decreased year-on-year by -39.16 per cent and month-on month by -6.21 per cent to N170.85 in July 2019 from N182.15 in June 2019,” the bureau also said.

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