The latest Nairametrics Household Food index reveals prices of items under our watchlist rose 1.9% for the fortnight ended July 8th 2017. Nairametrics Food Price Survey is an unofficial tracker of prices of household food and related items in select markets within Lagos.
Highlights of Week ended July 8th 2017
- Household Food prices rose by 2.1% for the week ended July 8 2017. This compares to the -0.36% contraction recorded in the week ended June 24th 2017.
- This week’s rise was driven Palm Oil prices. 20 litres of local palm oil rose by 60% from N9,200 to N14,700.
- 30 litres of Palm Oil also rose 22% from N13,800 t0 N16,800 for the period under review.
- We also observed a slight drop in the price of 12.5kg gas from about N4,500 for a refill to N4,000 per refill.
- The price of one big size tuber of yam dropped 8% while that of a small size dropped by 14%
- We however observed stable prices for other food items within our tracker
Palm Oil Prices since April 2017
- 30 litre Palm Oil price has been stable throughout April and May before contraction began towards the end of May and June.
- However, we observed a gradual spike at the end of June.
- Same was observed with 20 litre palm oil which rose sharply in July compared to prior weeks.
See table
Food Prices
| Item | Brand | Unit | 24/6/2017 | 8/7/2017 | % Change from 2 wks ago | Location |
| Baby Milk | SMA Gold | 500g | 2,750.00 | 2,750.00 | 0.00 | Ojuwoye Market |
| Baby Milk | NAN | 500g | 2,000.00 | 2,000.00 | 0.00 | Ojuwoye Market |
| Bag of Beans | Oloyin | 50kg | 17,500.00 | 17,500.00 | 0.00 | Iddo Market |
| Bag of Beans | White | 50kg | 16,500.00 | 16,500.00 | 0.00 | Iddo Market |
| Bag of Beans | Brown | 50kg | 17,000.00 | 17,000.00 | 0.00 | Iddo Market |
| Bag of Flour | Dangote | 50kg | 11,200.00 | 11,200.00 | 0.00 | Aguda Market |
| Bag of Flour | Honey well | 50Kg | 11,200.00 | 11,250.00 | 0.00 | Aguda Market |
| Bag of Flour | Mama Gold | 50kg | 11,200.00 | 11,250.00 | 0.00 | Aguda Market |
| Bag of Garri | Ijebu | 80kg | 32,000.00 | 32,000.00 | 0.00 | Ago Ishaga Market |
| Bag of Garri | White | 50kg | 18,500.00 | 18,500.00 | 0.00 | Ago Ishaga Market |
| Bag of Garri | Yellow | 50kg | 18,000.00 | 18,000.00 | 0.00 | Ago Ishaga Market |
| Bag of Rice | Basmati | 5kg | 3,800.00 | 3,800.00 | 0.00 | Daleko Market |
| Bag of Rice | Mama Gold | 10kg | 3,500.00 | 3,500.00 | 0.00 | Daleko Market |
| Bag of Rice | Royal Stallion | 50Kg | 16,500.00 | 16,500.00 | 0.00 | Daleko Market |
| Bag of Rice | Rice Master | 10kg | 3,500.00 | 3,500.00 | 0.00 | Daleko Market |
| Bag of Rice | Mama Gold | 50kg | 16,500.00 | 16,500.00 | 0.00 | Daleko Market |
| Bag of Rice | Caprice | 50kg | 16,500.00 | 16,500.00 | 0.00 | Daleko Market |
| Bag of Rice | Falcon | 25kg | 8,500.00 | 8,500.00 | 0.00 | Daleko Market |
| Bag of Rice | Ofada | 5kg | 2,900.00 | 2,900.00 | 0.00 | Ago Ishaga Market |
| Bag of Sugar | Dangote | 50kg | 19,800.00 | 19,800.00 | 0.00 | Aguda Market |
| Basket of Potato | Sweet | Big Basket | 400 | 400 | 0.00 | Iddo Market |
| Basket of Potato | sweet | Small Basket | 200 | 200 | 0.00 | Iddo Market |
| Basket of Potato | Irish | Big Basket | 1,300.00 | 1,300.00 | 0.00 | Iddo Market |
| Basket of Potato | Irish | Medium Basket | 800 | 800 | 0.00 | Iddo Market |
| Basket of Potato | Irish | Small Basket | 400 | 400 | 0.00 | Iddo Market |
| Basket of Tomato | Oval Shaped | 1 Small Basket | 5,800.00 | 5,800.00 | 0.00 | Ago Ishaga Market |
| Basket of Tomato | Round Shaped | 1 Small Basket | 6,800.00 | 7,000.00 | 0.03 | Ago Ishaga Market |
| Bottled Water (Refill) | Cway | Refill | 550 | 550 | 0.00 | Ojuwoye Market |
| Bread | Val-U | 1 loaf | 300 | 300 | 0.00 | Ojuwoye Market |
| Bread | Butterfield | 1 loaf | 300 | 300 | 0.00 | Ojuwoye Market |
| Bunch of Plaintain | Plaintain | 1 Big Bunch | 1,100.00 | 1,100.00 | 0.00 | Idi-Oro Market |
| Carton of Noodles | Indomie | 120g | 2,900.00 | 2,900.00 | 0.00 | Ojuwoye Market |
| Carton of Noodles | Indomie | 70g | 1,800.00 | 1,800.00 | 0.00 | Ojuwoye Market |
| Carton of Noodles | Chikki | 100g | 2,100.00 | 2,100.00 | 0.00 | Ojuwoye Market |
| Carton of Noodles | Minimie | 70g | 1,600.00 | 1,600.00 | 0.00 | Ojuwoye Market |
| Carton of Noodles | Golden Penny | 70g | 1,750.00 | 1,750.00 | 0.00 | Ojuwoye Market |
| Cocoa Beverages | Milo (Tin) | 500g | 1,000.00 | 1,000.00 | 0.00 | Ojuwoye Market |
| Cocoa Beverages | Milo (Tin) | 900g | 1,900.00 | 1,900.00 | 0.00 | Ojuwoye Market |
| Cocoa Beverages | Milo Refill | 500g | 950 | 950 | 0.00 | Ojuwoye Market |
| Cocoa Beverages | Bournvita Refill | 500g | 850 | 850 | 0.00 | Ojuwoye Market |
| Cocoa Beverages | Bournvita (Plastic) | 500g | 950 | 950 | 0.00 | Ojuwoye Market |
| Cocoa Beverages | Bournvita (Plastic) | 900g | 1,600.00 | 1,600.00 | 0.00 | Ojuwoye Market |
| Cocoa Beverages | Ovaltine Refill | 500g | 850 | 850 | 0.00 | Ojuwoye Market |
| Cocoa Beverages | Ovaltine(Plastic) | 500g | 900 | 900 | 0.00 | Ojuwoye Market |
| Coffee | Nescafe Gold Blend | 100g | 1,600.00 | 1,600.00 | 0.00 | Ojuwoye Market |
| Coffee | Nescafe Classic | 50g | 550 | 550 | 0.00 | Ojuwoye Market |
| Egg | N/A | Crate | 1,100.00 | 1,100.00 | 0.00 | Ojuwoye Market |
| Gallon of Palm Oil | Local | 5 Litres | 2,300.00 | 2,400.00 | 0.04 | Ago Ishaga Market |
| Gallon of Palm Oil | Local | 20 Litres | 9,200.00 | 14,700.00 | 0.60 | Ago Ishaga Market |
| Gallon of Palm Oil | Local | 30 Litres | 13,800.00 | 16,800.00 | 0.22 | Ago Ishaga Market |
| Gallon of Vegetable Oil | Local | 5 Litres | 2,400.00 | 2,400.00 | 0.00 | Daleko Market |
| Gallon of Vegetable Oil | Local | 20 Litres | 14,700.00 | 14,700.00 | 0.00 | Daleko Market |
| Gallon of Vegetable Oil | Local | 30 Litres | 16,800.00 | 16,800.00 | 0.00 | Daleko Market |
| Gallon of Vegetable Oil | Kings | 5 Litres | 3,400.00 | 3,400.00 | 0.00 | Daleko Market |
| Gallon of Vegetable Oil | Wesson | 5 Litres | 4,500.00 | 4,500.00 | 0.00 | Daleko Market |
| Gallon of Vegetable Oil | Mamador | 3.8 Litres | 3,100.00 | 3,100.00 | 0.00 | Daleko Market |
| Gallon of Vegetable Oil | Power | 3 Litres | 2,500.00 | 2,500.00 | 0.00 | Daleko Market |
| Gas | Refilling | 12.5kg | 4,500.00 | 4,000.00 | -0.11 | Aguda Market |
| Gas | Refilling | 5kg | 1,800.00 | 1,800.00 | 0.00 | Aguda Market |
| Juice | 5 Alive | 1 litre | 400 | 400 | 0.00 | Ojuwoye Market |
| Juice | Chivita | 1 litre | 400 | 400 | 0.00 | Ojuwoye Market |
| Magarine | Blue Band | 450g | 450 | 450 | 0.00 | Ojuwoye Market |
| Magarine | Simas | 250g | 180 | 180 | 0.00 | Ojuwoye Market |
| Milk | Peak Powdered (Tin) | 400g | 1,150.00 | 1,150.00 | 0.00 | Ojuwoye Market |
| Milk | peak Powdered(Tin) | 900g | 1,900.00 | 1,900.00 | 0.00 | Ojuwoye Market |
| Milk | Peak milk (Refill) | 500g | 950 | 950 | 0.00 | Ojuwoye Market |
| Milk | Dano Powdered (Tin) | 500g | 900 | 900 | 0.00 | Ojuwoye Market |
| Milk | Dano Powdered(Tin) | 900g | 1,650.00 | 1,650.00 | 0.00 | Ojuwoye Market |
| Milk | Dano (Refill) | 500g | 800 | 800 | 0.00 | Ojuwoye Market |
| Milk | ThreeCrown (Refill) | 380g | 800 | 800 | 0.00 | Ojuwoye Market |
| Milk | Loya Powdered (Tin) | 400g | 800 | 800 | 0.00 | Ojuwoye Market |
| Milk | Loya (Refill) | 400g | 750 | 750 | 0.00 | Ojuwoye Market |
| Milk | Coast (Refill) | 500g | 700 | 700 | 0.00 | Ojuwoye Market |
| Packet of Pasta | Golden Penny | 500g | 200 | 200 | 0.00 | Ojuwoye Market |
| Packet of Pasta | Dangote | 500g | 200 | 200 | 0.00 | Ojuwoye Market |
| Packet of Pasta | Power | 500g | 200 | 200 | 0.00 | Ojuwoye Market |
| Packet of Pasta | Bonita | 500g | 250 | 250 | 0.00 | Ojuwoye Market |
| Percentage average | 384,490.00 | 392,690.00 | 0.02 | |||
| Sugar | St’ Loius Sugar(Cube) | 500g | 400 | 400 | 0.00 | Ojuwoye Market |
| Sugar | Golden Penny Sugar (cube) | 500g | 300 | 300 | 0.00 | Ojuwoye Market |
| Tea | Lipton Yellow label | 52g | 220 | 220 | 0.00 | Ojuwoye Market |
| Tea | Top tea | 52g | 190 | 190 | 0.00 | Ojuwoye Market |
| Tuber of Yam | Abjuja | 1 Big Size Tuber | 1,300.00 | 1,200.00 | -0.08 | Iddo Market |
| Tuber of Yam | Abuja | 1 Small Size Tuber | 700 | 600 | -0.14 | Iddo Market |
(Nairametrics)
