Federal finance and statistics / National Bureau of Statistics

Selected Food Prices Watch (May 2022)

Executive Summary Selected Food Price Watch for the month of May 2022 shows that the average price of 1kg of beans (white, black eye, sold loose) rose on a year-on-year basis by 37.22% from N382.37 in May 2021 to N524.70 in May 2022. Also, on a month-on-month basis, this increased by 1.09% from N519.05 in April 2022. The average price of 1kg of a Yam tuber increased on a year-on-year basis by 37.87% from N269.98 in May 2021 to N372.23 in May 2022. On a month-on-month basis, the average price of this item increased by 3.05% in May 2022. Similarly, the average price of 2kg of Wheat flour: prepac…