Kogi, Rivers, Kwara Lead In Food Price Inflation – NBS Report

Kogi, Rivers, Kwara Lead In Food Price Inflation – NBS Report

The National Bureau of Statistics (NBS) has revealed that Kogi, Rivers, and Kwara states top the list for the highest food inflation rates year-on-year in Nigeria…..READ ALSO NBS Report: Local Rice Prices Surge By 98.47% In Just One Year

According to the latest Consumer Price Index and Inflation report released by the NBS on Friday, Kogi recorded 46.32 per cent food inflation, followed by Rivers with 44.34 per cent, and Kwara with 43.05 per cent.

Conversely, Bauchi (31.46 per cent), Plateau (32.56 per cent), and Taraba (33.23 per cent) experienced the slowest rise in food inflation over the same period.

Furthermore, Kogi, Oyo, and Bauchi emerged with the highest all-items inflation rates annually in Nigeria. Kogi recorded 37.98 per cent, Oyo 36.60 per cent, and Bauchi 35.62 per cent in headline inflation year-on-year.

On the other hand, Borno (26.28 per cent), Taraba (26.72 per cent), and Benue (27.40 per cent) witnessed the least increase in headline inflation year-on-year.

The report comes amidst Nigeria’s headline inflation rising to 31.70 per cent, with food inflation soaring to 37.92 per cent, according to earlier reports

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