Average Prices of 1kg of Rice up 68% YoY in February 2017

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Selected food price watch data for February 2016 reflected that the average price of 1 dozen of Agric eggs medium size increased year-on-year by 53.33% and month-on-month by 1.40% to N520.16 in February 2017 from N512.99 in January 2017 while the average price of piece of Agric eggs medium size increased year-on-year by 43.03% and decreased month-on-month by 9.52% to N42.90 in February 2017 from N47.42 in January 2017.

The average price of 1kg of tomato increased year-on-year by 13.13% and decreased month-on-month by 4.41% to N236.62 in February 2017 from N247.55 in January 2017.

The average price of 1kg of rice (imported high quality sold loose) increased year-on-year by 68.10% and month-on-month by 2.13% to N410.58 in February 2017 from N402.01 in January 2017.

Similarly, the average price of 1kg of yam tuber increased year-on-year by 43.92% and month-on-month by 2.36% to N215.55 in February 2017 from N210.58 in January 2017.

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