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Economy

NBS says prices of foods up in June

adminBy adminJuly 22, 2020No Comments2 Mins Read
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(Abuja)

Princes of foods went up in June according to the National Bureau of Statistics (NBS).

The Bureau, in its report entitled : “Selected Food Prices Watch – June 2020,” said the average price of 1kg of yam tuber increased year-on-year by 37.63 per cent and month- on- month by 5.83 percent to N250.70 in June from N236.90 in May 2020.

The organisation also disclosed that the “average price of 1kg of rice (imported high quality sold loose) increased year-on-year by 35.97 percent and increased month-on-month by 3.57 percent to N479.74 in June from N463.21 in May 2020.”

NBS further revealed that the average price of 1kg of tomato increased year-on-year by 30.25 percent and month-on-month by 5.84 percent to N294.46 in June 2020 from N278.23 in May 2020.

According to it, selected food price watch data for June 2020 reflected the average price of 1 dozen of Agric eggs
medium size decreased year-on-year by -4.54 percent and increased month-on month by 2.24 percent to N472.83 in
June from N462.46 in May 2020

That of the average price of piece of Agric eggs medium size (price of one) increased year-on-year by 7.30 percent and month-on-month by 3.28 percent to N42.18 in June 2020 from
N40.84 in May 2020.

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