Nigeria: In July 2018, NBS says food prices decreased



Latest report from the National Bureau of Statistics in Nigeria indicates that Nigerians and other nationals in the country spent less on certain foods in July 2018. According to the report, the select food price watch data for the month showed that the average price of 1 dozen of Agric eggs medium size decreased year-on-year by -5.36% and month-on-month by -12.60% to N471.75 in July 2018 from N539.75 in June 2018 while the average price of piece of Agric eggs medium size (price of one) decreased year-on-year by -6.99% and month-on-month by -0.39% to N41.22 in July 2018 from N41.38 in June 2018.
“The average price of 1kg of tomato decreased year-on-year by -14.68% and increased month-on-month by 5.86% to N336.29 in July 2018 from N317.67 in June 2018.
The average price of 1kg of rice (imported high quality sold loose) decreased year-on-year by -9.39% and month-on-month by -0.72% to N370.79 in July 2018 from N373.47 in June 2018.
Similarly, the average price of 1kg of yam tuber decreased year-on-year by -4.52% and month-on-month by 1.75% to N280.83 in July 2018 from N285.84 in June 2018.”

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