Tomato, onion, yam, bean prices rose in July: NBS

The National Bureau of Statistics (NBS) says prices of food items such as beef, tomatoes, beans, and yams increased in July.

It stated this in its ‘Selected Food Prices Watch Report for July 2023’ on Friday.

The report said the average price of 1kg of boneless beef increased by 30.17 per cent from N2,118.84 recorded in July 2022 to N2,758.13 in July 2023.

On a month-on-month basis, one kilogramme of boneless beef increased by 3.96 per cent per cent in July from the N2,653.02 recorded in June 2023.

It said the average price of one kilogramme of tomatoes on a year-on-year basis rose by 24.88 per cent from N446.81 in July 2022 to N557.96 in July 2023. On a month-on-month basis, one kilogramme of tomatoes increased by 1.95 per cent in July from the N547.28 recorded in June 2023.

The report revealed that the average price of one kilogramme of brown beans increased by 19.73 per cent on a year-on-year basis from N562.55 in July 2022 to N673.53 in July 2023. On a month-on-month basis, the price increased by 3.44 per cent from the N651.12 recorded in June 2023.

The NBS said the average price of one kilogramme of onions rose by 26.65 per cent on a year-on-year basis from N396.96 in July 2022 to N502.73 in July 2023. On a month-on-month basis, the price increased by 2.38 per cent in July from the N491.04 recorded in June 2023.

The NBS added that the average price of one kilogramme of yam tubers increased by 38.40 per cent year-on-year from N389.75 in July 2022 to N539.41 in July 2023. On a month-on-month basis, one kilogramme of yam tubers increased by 5.61 per cent from the N510.77 recorded in June 2023.

The average price of one litre of palm oil increased by 35.70 per cent year-on-year, from N890.67 in July 2022 to N1208.62 in July 2023. On a month-on-month basis, it increased by 2.93 per cent in July from the N1174.20 recorded in June 2023.

The state profile analysis showed that the highest average price of one kilogramme of boneless beef was recorded in Anambra at N3,500.84, while the lowest was in Kogi state at N1,812.44. Akwa Ibom recorded the highest price of one kilogramme of tomatoes at N1,001.73, while the lowest price was recorded in Kogi at N220.00.

Ebonyi recorded the highest price of one kilogramme of brown

beans at N1,022.45, while the lowest price was recorded in Katsina at N474.99.

The NBS said the highest average price of one kilogramme of onions was recorded in Abia at N819.00, while the lowest price was recorded in Kano at N297.41.

The highest average price of one kilogramme of yam tubers was recorded in Akwa Ibom at N999.61, while the lowest was recorded in Adamawa at N281.33. Ogun recorded the highest average price of one litre of palm oil at N1,480, while Kogi recorded the lowest at N890.22.

Analysis by zone showed that the average price of one kilogramme of boneless beef was highest in the South-East at N3,390.38, followed by the South-South at N2,805.91. The lowest price was recorded in the North-East at N2,418.44.

The South-South and South-East recorded the highest average price of one kilogramme of tomatoes at N917.63 and N735.96, respectively, while the lowest price was recorded in the North-East at N353.37.

The South-East recorded the highest average price of one kilogramme of brown beans at N921.54, followed by the South-West at N731.48. North-Central recorded the lowest price at N550.10.

(NAN)