Meals costs proceed to rise in October: NBS

Meals costs proceed to rise in October: NBS

The Nationwide Bureau of Statistics (NBS), mentioned that costs of chosen meals objects elevated in October.

That is in line with the NBS Chosen Meals Costs Watch Report for October, launched in Abuja on Wednesday.

The report mentioned that the common worth of 1kg onion bulb on a year-on-year foundation, elevated by 32.56 per cent from N306.07 recorded in October 2021 to N405.72 in October 2022.

“Whereas on a month-on-month foundation, 1 kg of onion bulb elevated to N405.72 in Oct. 2022 from N397.18 recorded in Sept. 2022, indicating a 2.15 per cent enhance,’’ the report mentioned.

The report confirmed that the common worth of 1kg rice (native, bought free) elevated on a year-on-year foundation by 17.45 per cent from N415.03 recorded in October 2021 to N487.47 in October 2022. 

“On a month-on-month foundation, the common worth of this merchandise elevated by 3.40 per cent in Oct. 2022 from N471.42 recorded in Sept. 2022,’’ the report says.

The NBS mentioned the common worth of 1kg of tomato elevated on a year-on-year foundation by 30.79 per cent from N347.47 recorded in October 2021 to N454.46 in October 2022.

Additionally, the report confirmed that on a month-on-month foundation, 1 kg of tomato elevated by 2.10 per cent from N445.12 in September 2022.

Additionally, the report confirmed that the common worth of 1kg brown beans (bought free) elevated by 17.95 per cent on a year-on-year foundation, from N478.76 recorded in October 2021 to N564.69 in October 2022.

The report confirmed that the common worth of Palm oil (1 bottle) elevated by 33.22 per cent from N727.21 recorded in October 2021 to N968.76 in October 2022. 

“It additionally grew by 4.47 per cent on a month-on-month foundation from N927.34 recorded in Sept. 2022,’’ the report mentioned.

Additionally, the common worth of Vegetable oil (1 bottle) stood at N1, 106.08 in October 2022, indicating a 33.99 per cent enhance from N825.46 recorded in October 2021.

“On a month-on-month foundation, it rose by 2.81 per cent from N1, 075.89 in Sept. 2022,’’ the report mentioned.

The report revealed that the common worth of 500g sliced bread elevated by 36.68 per cent on a year-on-year foundation from N382.77 recorded in October 2021 to N523.16 in October 2022.

“On a month-on-month foundation, the merchandise elevated by 2.23 per cent from N511.74 recorded in Sept. 2022,’’ says the report.

The report confirmed that on the state degree, the very best common worth of rice (native, bought free) was recorded in Rivers at N630.66, whereas the bottom worth was recorded in Jigawa at N381.54.

It mentioned Ebonyi recorded the very best common worth of beans (brown, bought free) at N848.74, whereas the bottom worth was reported in Plateau at N360.03.

“As well as, Abia recorded the very best worth of Vegetable oil (1 bottle) at N1, 484.31, whereas Benue recorded the bottom worth at N650.89,’’ the report mentioned.

It mentioned that Cross River recorded the very best common worth of 1kg of onion bulb at N980.62 whereas Benue recorded the bottom worth at N180.34.

The report additionally confirmed that the very best common worth for 1kg of tomato was recorded in Delta at N824.55 whereas the bottom worth was at N166.67 in Taraba.

It mentioned the very best common worth of 500g sliced bread was recorded in Abuja at N705.00 whereas Plateau recorded the bottom worth at N310.00.

The report mentioned evaluation by zone confirmed that the common worth of 1kg onion bulb was greater within the South-South and South-East at N670.63 and N538.31, respectively, whereas the bottom worth was recorded within the North-East at N212.83.

It mentioned the South-South recorded the very best common worth of 1kg rice (native, bought free) at N545.03, adopted by the South-West with N519.53, whereas the bottom worth was recorded within the North-West at N435.06.

Additionally, the report confirmed that the South-East recorded the very best common worth of Palm oil (1 bottle) at N1, 101.04, adopted by the South-West at N1,096.17, whereas the North-Central recorded the bottom worth at N742.62. 

(NAN)

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