December 31, (THEWILL) – Food prices recorded average increase across the country in November 2023, the National Bureau of Statistics (NBS) has said.
Average price of 1kg of boneless beef increased by 29.61 per cent from N2,337.46 recorded in November 2022 to N3,029.50 in November 2023.
“On a month-on-month basis, price of 1kg boneless beef increased by 2.76 per cent in November from the N2,948.03 recorded in October,’’ it stated in its Selected Food Prices Watch report for November released in Abuja on Friday.
It added that the average price of 1kg of local rice increased by 73.16 per cent on a year-on-year basis from N500.80 recorded in November 2022 to N867.18 in November 2023.
On a month-on-month basis, price of 1kg of local rice increased by 5.83 per cent from the N819.42 recorded in October 2023 to N867.18 recorded in November 2023.
Average price of 1kg of brown beans increased by 44.99 per cent on a year-on-year basis from N578.55 in November 2022 to N838.85 in November 2023, the NBS added.
On a month-on-month basis, the price increased by 6.18 per cent from the N790.01 recorded in October 2023 to N838.85 in November 2023.
The report also stated that the average price of 1kg of onion bulb rose by 60.62 per cent on a year-on-year basis from N425.71 in November 2022 to N683.78 in November 2023.
On a month-on-month basis, the price increased by 15.35 per cent from N592.80 recorded in October 2023 to N683.78 recorded in November 2023.
Average price of 1kg of tomato increased by 66.69 per cent on a year-on-year basis from N455.13 in November 2022 to N758.65 in November 2023, it stated.
On a month-on-month basis, price of 1kg of local rice increased by 5.83 per cent from the N819.42 recorded in October 2023 to N867.18 recorded in November 2023.
Average price of 1kg of brown beans increased by 44.99 per cent on a year-on-year basis from N578.55 in November 2022 to N838.85 in November 2023, the NBS added.
On a month-on-month basis, the price increased by 6.18 per cent from the N790.01 recorded in October 2023 to N838.85 in November 2023.
The report also stated that the average price of 1kg of onion bulb rose by 60.62 per cent on a year-on-year basis from N425.71 in November 2022 to N683.78 in November 2023.
On a month-on-month basis, the price increased by 15.35 per cent from N592.80 recorded in October 2023 to N683.78 recorded in November 2023.
Average price of 1kg of tomato increased by 66.69 per cent on a year-on-year basis from N455.13 in November 2022 to N758.65 in November 2023, it stated.
