Price Of 1kg of Rice Increases By 0.14% To N356.61 In August 2019 – NBS

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rice July Headline Inflation Rate Jumpsto 12.82% as Food Prices Rise…
A vendor arranges bags of rice at the Wuse market in Abuja, Nigeria May 15, 2018. REUTERS/Afolabi Sotunde

Selected food price watch data for August 2019 reflected that the average price of 1 dozen of Agric eggs medium size decreased year-on-year by -2.58% and month-on-month by -1.37% to N461.89 in August 2019 from N468.31 in July 2019 while the average price of piece of Agric eggs medium size (price of one) decreased year-on-year by -2.93% and increased month-on-month by 5.70% to N40.57 in August 2019 from N38.38 in July 2019.

The average price of 1kg of tomato decreased year-on-year by -33.50% and increased month-on-month by 9.98% to N223.86 in August 2019 from N203.55 in July 2019.

The average price of 1kg of rice (imported high quality sold loose) decreased year-on-year by -4.91% and increased month-on-month by 0.14% to N356.61 in August 2019 from N356.10 in July 2019.

Similarly, the average price of 1kg of yam tuber decreased year-on-year by -35.13% and increased month-on-month by 11.23% to N190.04 in August 2019 from N170.85 in July 2019.

Download August 2019 Selected Food Prices NBS Report