Food prices highest in Kogi, Oyo, Lagos, Rivers in January — NBS


Ondo at 17.20 per cent , Abuja at 16.73 per cent and Bauchi at 16.37 per cent recorded the slowest price rise.

ByAbdulkareem Mojeed

Prices of food items rose the most in Kogi, Oyo, and River States in January, the Consumer Price Index (CPI) report released on Tuesday by the National Bureau of Statistics (NBS) has shown.

The report revealed that on a year-on-year basis, food price inflation was highest in Kogi at 26.64 per cent, Oyo at 23.69 per cent and Rivers at 23.49 per cent.

While Ondo at 17.20 per cent , Abuja at 16.73 per cent and Bauchi at 16.37 per cent recorded the slowest rise.

The report said on a month-on-month basis however, food inflation was highest in Oyo at 4.47 percent , Lagos at 3.86 per cent and Rivers at 3.11 per cent

Akwa Ibom had a 0.25 per cent rise, and Bayelsa at 0.13 per cent had the slowest rise, while Edo recorded price deflation or negative inflation (general decrease in the general price level of food or a negative food inflation rate).

All Items inflation

The report said in January, all items inflation on year-on-year basis was highest in Kogi at 21.38 per cent, Oyo at 120.17 percent and Bauchi at 1.352 per cent.

Kwara at 13.96 per cent, Abuja at 12.96 per cent and Cross river at 12.22 percent recorded the slowest rise in headline year on year inflation.

However, on a month on month basis, all items inflation was highest in Oyo at 4.28 percent, Ebonyi at 3.95 per cent and Lagos at 3.33 per cent , while Abuja, Edo and Cross River recorded general decrease in the general price level of food .

Less farm produce

Core inflation, which excludes volatile items like food and fuel, stood at 11.85 percent in January, up by 0.48 per cent when compared with 11.37 percent recorded in December ” NBS said.


joshua

Related Posts

Inauguration of FOB: You have proven that Omala LGA is dear to your heart – Hon. Umar Yahaya Appreciates Gov. Ododo.


Share This:         Inauguration of FOB: You have proven that Omala LGA is dear to your heart – Hon. Umar Yahaya Appreciates Gov. Ododo.   The Member, Representing Omala State Constituency in…


Alleged killing of Fulani: Gov Ododo convenes emergency security meeting, says perpetrators will be dealt with


Share This:         Alleged killing of Fulani: Gov Ododo convenes emergency security meeting, says perpetrators will be dealt with   In a bid to restore peace and security in Isanlu, Yagba East…


Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

Inauguration of FOB: You have proven that Omala LGA is dear to your heart – Hon. Umar Yahaya Appreciates Gov. Ododo.

  • By joshua
  • November 25, 2024
  • 44 views

Alleged killing of Fulani: Gov Ododo convenes emergency security meeting, says perpetrators will be dealt with

  • By joshua
  • November 25, 2024
  • 74 views

Gov. Ododo Inaugurates FOB in Bagana

  • By joshua
  • November 25, 2024
  • 338 views

Okpebholo’s Empty Probes, Is Diversionary Tactic To Mask Unpreparedness For Office, Says Obaseki Media Aide

  • By joshua
  • November 25, 2024
  • 40 views

ABUJA SUMMIT: Peter Obi, Sen. Ireti Kingigbe, Sen Victor Lar and Dr. Sunday Bala Oma, attends Peter Obi Harmonization Forum Summit.

  • By joshua
  • November 25, 2024
  • 104 views

Dangote Refinery Reduces PMS Price to N970

  • By joshua
  • November 24, 2024
  • 96 views