Federal finance and statistics / National Bureau of Statistics

Selected Food Prices Watch (December 2021)

Executive Summary Selected Food Price Watch for December 2021 revealed that higher prices were recorded on a month-on-month basis and year-on-year basis for all selected food reported except for "broken rice (ofada)" and "Garri white, sold loose" whose price declined month-on-month by -0.09 percent and -0.92percent respectively. The average price of 1kg of beans (white black eye, sold loose) rose on month-on-month basis by 0.85 percent from N476.76 in November to N480.79 in December 2021. Similarly, there was an increase on year-on-year basis by 55.56 percent from N309.07 in December 2020 to N…