Average Price of 1kg of Rice Increased By 21% YoY to N438.66 In March 2020

Wednesday, April 22, 2020  10:30AM / NBS / Header Image Credit:  NBS

Selected food price watch data for March 2020 reflected that the average price of 1 dozen of Agric eggs medium size increased year-on-year by 0.29% and month-on month by 2.87% to N461.15 in March 2020 from N448.26 in February 2020 while the average price of piece of Agric eggs medium size (price of one) decreased year-on-year by -4.83% and increased month-on-month by 1.53% to N39.90 in March 2020 from N39.29 in February 2020.

The average price of 1kg of tomato increased year-on-year by 6.25% and month-on-month by 5.60% to N255.33 in March 2020 from N241.78 in February 2020.

The average price of 1kg of rice (imported high quality sold loose) increased year-on-year by 21.21% and decreased month-on-month by -1.21% to N438.66 in March 2020 from N444.04 in February 2020.

Similarly, the average price of 1kg of yam tuber increased year-on-year by 2.61% and month on month by 8.75% to N206.12 in March 2020 from N189.53 in February 2020.

Click Here to Download March 2020 Selected Food Prices PDF Report

Latest 2020 NBS Reports

Q2 2020

1. Headline Inflation Increases By 12.26% YoY In March 2020; 0.06% Higher Than February 2020 Rate
2. Nigeria's Total Public Debt Stood At N27.40trn in Q4 2019 - NBS
3. FAAC Disburses N647.35bn in February 2020 - NBS

Q1 2020

1. Banking Sector Records 893.68m Volume of Transaction in Q4 2019 - NBS
2. Active Voice Subscription Grew By 3.08% in Q4 2019 - NBS
3. All Commodity Group Import Index Fell by 3.27% Due Mainly to Declines in the Prices of Goods
4. Average Prices of 1kg of Tomato Decreased By -10.65% YoY to N237.22 in Jan 2020 - NBS
5. Average Fare Paid By Commuters For Bus Journey Intercity Increased By 0.91% MoM in February 2020
6. Average Prices Of PMS, AGO, HHK and Cooking Gas - February 2020
7. Headline Inflation Increases By 12.20% YoY In February 2020; 0.07% Higher Than January 2020 Rate
8. FAAC Disburses N716.30bn in January 2020 - NBS
9. FAAC Disburses N2.93trn to FG in 2019 - NBS
10. Total Value of Capital Imported in Q4 2019 Stood At $3,802.38m - NBS
11. FAAC Disburses N650.83bn in December 2019 - NBS
12. Nigeria's Merchandise Trade Grew in Q4 2019; Imports Rose Faster Exceeding Falling Exports
13. Nigeria's GDP Grew By 2.55% in Real Terms in Q4 2019 and 2.27% in Full Year 2019
14. Average Prices of 1kg of Tomato Decreased By -10.65% YoY to N237.22 in Jan 2020 - NBS
15. Average Prices Of PMS, AGO, HHK and Cooking Gas - January 2020
16. Headline Inflation Increases By 12.13% YoY In January 2020; 0.15% Higher Than December 2019 Rate
17. N293.80bn Generated as IGR in Q3 2019 - NBS
18. Nigeria's Total Public Debt Stood At N26.14trn in Q3 2019 - NBS
19. Average Intercity Fare Increases By 1.43% MoM To N1, 666.57 In December 2019
20. Average Price of 1kg of Tomato Decrease YoY by -2.80% To N263.90 In December 2019
21. All Commodity Group Index Grew By 2.48% in Q3 2019
22. Average Prices Of PMS, AGO, HHK and Cooking Gas - December 2019
23. Headline Inflation Increases By 11.98% YoY In December 2019; 0.13% Higher Than November 2019 Rate