Tomatoes, yam, record price drop in Nigeria

Prices of tomatoes, rice, yams rose in May: NBS

 

The National Bureau of Statistics, NBS, said that the prices of tomatoes and yams dropped on a Month-on-month basis in July 2024.

NBS disclosed this in its latest report on Selected Food Price Watch in July.

The report showed that the price of Tomatoes 1kg was reduced by -26.43 percent to N1,693.83 in July from N2,302.26 in June 2024.

Meanwhile, tomatoes recorded a 203.57 per cent increase on a year-on-year basis from N557.96 in July 2023 to N1,693.83 in July 2024.

Similarly, the average price of 1kg of Yam tuber decreased by -10.82 per cent N1,802.84 from N 2,021.55 in June 2024.

However, the price of Yam increased by 234.23 per cent on a year-on-year basis from N539.41 in July 2023 to N1,802.84 in July 2024.

Also, NBS data showed that the prices of eggs, beans, and garri increased on a month-on-month and year-on-year basis in the period under review.

Leave a Reply