Ijebu Garri prices spike by 45% in 2 weeks

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Here are major highlights of our Household Food survey for the week ended May 27, 2017.

  • The Nairametrics Lagos Household food index rose a whopping 2.6% in the two weeks ending May 27 2017.
  • This was higher than the -1.2% contraction we observed in the two weeks ended May 15, 2017.
  • We observed significant price increases in food items such as Garri, tomato, powdered milk and juice.
  • Ijebu garri prices for example, was up 45% in the period under review while round shaped tomato prices was up a whopping 56%.
  • The rise in the price of juice continued this week, with Chivita and 5Alive prices gaining over 14% in price increases.

 

 

 

 

(Nairametrics)