By Rita Elenwo
The National Bureau of Statistics (NBS) has declared that the prices of food items such as beef, tomatoes, beans, and yams witnessed an increase in July.
It made the declaration in its Selected Food Prices Watch Report for July 2023 issued in Abuja on Friday.
The report stated that 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, 1 kg of boneless beef increased by 3.96 percent per cent in July from the N2,653.02 recorded in June 2023.”
Similarly, the report stated that the average price of 1kg of Brown Beans (sold loose) 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 percent from the N651.12 recorded in June 2023.”
The NBS said the average price of 1kg of Onion bulb 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.
The report stated that the average price of 1kg yam tuber increased by 38.40 per cent on a year-on-year basis from N389.75 in July 2022 to N539.41 in July 2023.
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