According to the National Bureau of Statistics, the cost of a few food items rose in July. It stated this in its Selected Food Prices Watch Report for July 2022, which was published on Monday in Abuja. According to the NBS, the average cost of a kilogram of white beans increased from N444.21 in July 2021 to N547.38 in July 2022, a 23.22 percent increase. From N536.17 in June 2022 to N547.38 in July 2022, the price climbed by 2.09 percent month over month. It was ad. The survey also noted that from N414.83 in July 2021 to N446.81 in July 2022, the average price of 1 kg of tomatoes grew annually by 7.71%. In July 2022, the average price for 1 kg of boneless beef was N2,118.84, up 27.58% from the N1,660.76 noted in July 2021. The NBS also reported that the average cost of a bottle of groundnut oil was N1,078.17 in July 2022, up from N768.81 in July 2021 by 40.24%.
The average cost of 1 kg of local rice grew year over year by 13.55%, from N411.97 in July 2021 to N467.80 in July 2022, it was further said. A bottle of palm oil cost N890.67 on average in July 2022, up from N635.31 in July 2021. This is a 40.19% increase. State-by- According to a state analysis, Borno had the lowest average price for a kilogram of white beans in July 2022 at N317.73, while Ebonyi had the highest average price at N900.51. According to the research, Edo had the highest average price per kilogram of tomatoes at N799.16, while Taraba had the lowest at N159.14. A kilogram of local rice cost the most in Rivers at N619.62, while Jigawa had the lowest price at N363.34. The South-East had the highest average price for brown beans, at N853.19 per kilogram, followed by the South-West, at N598, and the North-East, at N379.03, according to zone analyses.
Tomatoes were most expensive on average in the South-East ($678.80 per kilogram), followed by the North-West ($656.93), and were least expensive in the North-East ($194.72).
According to the NBS, the average cost of a kilogram of local rice was N796.03 in the North-East, the highest price ever recorded in July 2022, and N519.64 in the South-West. According to the report, the North-Central achieved the lowest price for 1 kg of domestic rice at N401.72.
NAN
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