New Lagos market survey wey Nairametrics publish on 1 November show say food prices no move one way for October. Out of 67 food items wey dem track, 31 rise, 20 fall and 16 remain di same. Di researchers check Mushin, Daleko, Mile 12 and Oyingbo markets. Na findings from their survey; Wahala Today no collect these prices independently.
Yellow and white maize both rise from ₦40,000 to ₦55,000 for one 50 kg bag between September and October. Na 37.5% increase. Yellow garri move from ₦18,000 to ₦23,000 for one 50 kg bag, about 27.8% rise. These figures na for di bulk quantities wey dem specify; dem no show wetin every seller charge for small household measure.
Ogbono, di bush-mango seed wey people use cook soup, rise from ₦300,000 to ₦405,000 for wetin di report call big bag. Na 35% rise. Di report no state di bag weight. So e go mislead person if we turn am to price per kilogram or compare am directly with di maize bag.
Some other food prices go down. Big basket of round tomatoes fall from ₦45,000 to ₦35,000, about 22.2%. Titus mackerel fall from ₦10,500 to ₦9,000 per kilogram. One 50 kg bag of Royal Stallion short-grain rice move from ₦49,000 to ₦48,000. Wetin each household experience go depend on di products and quantities wey dem actually buy.
Di lesson na to compare things wey match: di product type, weight or container size, and di period. Lower basket price no automatically mean lower price per kilogram if basket sizes different. In di same way, monthly price change for some Lagos markets no prove say other states or every neighbourhood shop see di same change.
Di results na local shopping picture, no be national inflation estimate. To count how many items cost more no measure their total effect on household budget: staples wey people buy often and things wey dem buy once in a while no get di same importance. Di report no establish today price for any particular stall. Readers fit use di stated units and dates to understand di findings without taking dem as guaranteed retail prices.
