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Home News Business & Economy

Price of Tomatoes, Rice Falls by 4.8% in February 2021

March 26, 2021
in Business & Economy, Economy, News
Reading Time: 1 min read
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Price of Tomatoes, Rice Falls by 4.8% in February 2021
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The price of 1kg of tomatoes and 1kg of rice both saw an average decline of 4.82% in February 2021.

This was disclosed by the National Bureau of Statistics, NBS in a report titled ‘Selected food price watch data for February 2021’.

The report reflected that the average price of 1kg of tomato decreased month-on-month by -7.07% to N269.18 in February 2021 from N289.66 in January 2021, but increased year-on-year by 11.33%.

Similarly, the average price of 1kg of rice (imported high quality sold loose) decreased month-on-month by -2.57% to N537.37 in February 2021 from N551.57 in January 2021, but increased year-on-year by 21.02%.

However, the average price of 1 dozen of Agric eggs medium size increased year-on-year by 15.62% and month-on month by 1.46% to N518.30 in February 2021 from N510. 84 in January 2021, while the average price of piece of Agric eggs medium size (price of one) increased year-on-year by 20.50% and month-on-month by 2.47% to N47.35 in February 2021 from N46.21 in January 2021.

Likewise, the average price of 1kg of yam tuber increased year-on-year by 28.11% and month on month by 3.47% to N242.82 in February 2021 from N234.67 in January 2021.

Read Also: Transportation: Motorcycle Fare increase by 98% in February 2021 – NBS

Tags: DeclineFebruary 2021FoodPriceRiceTomato
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