01 29, 2024

Onions, plantain, and sweet potatoes were food items that recorded the highest price increase within one year, according to the National Bureau of Statistics (NBS).

The latest selected food prices report released Wednesday by the NBS shows that the above food items saw the highest increases in December 2023 compared to its corresponding period of 2022.

The average price of 1kg of Onion bulb rose 122.9 percent to N971.9 in December 2023 from N435.9 in the same period of 2022.

Read also: Food prices surge 20% in one year

The price of 1kg plantain (unripe) increased by 114.6 percent to N746 from N347.7, while price of the ripe one grew by 101.5 percent to N758 from N376.2.

Source: Business Day