Average price of 1 piece of egg increased by 24.37% MoM in August — NBS

The National Bureau of Statistics (NBS) has said average price of one piece of Egg increased by 24.4 per cent Month-on-Month (MoM) in August 2021 to N585.64.

The report by NBS on Monday said, “Selected food price watch data for August 2021 reflected that the average price of 1 dozen of Agric eggs medium size increased year-on-year by 22.27 per cent and month-on month by 1.40 per cent to N585.64 in August 2021 from N577.55 in July while the average price of piece of Agric eggs medium size (price of one) increased year-on-year by 24.37 per cent and month-on-month by 0.89 per cent to N53.20 in August 2021 from N52.73 in July 2021.

“The average price of 1kg of tomato increased year-on-year by 36.75 per cent and decreased month-on-month by -4.45% to N396.38 in August 2021 from N414.83 in July 2021.

“The average price of 1kg of rice (imported high quality sold loose) increased year-on-year by 8.97 per cent and decreased month-on-month by -1.10 per cent to N546.71 in August 2021 from N552.80 in July 2021.

“Similarly, the average price of 1kg of yam tuber increased year-on-year by 19.30 per cent and decreased month on month by -1.05 per cent to N305.48 in August 2021 from N308.72 in July 2021.”