A Nairametrics Research on Household Food Items conducted from major markets in Lagos State reveal a general drop in prices for the week ended April 7, 2018.
Our composite Household basket was 320,180 compared to N321, 789 for the period ended March 24th, 2018. This is also one of the lowest basket prices we have recorded since we started tracking prices in September 2016.
Nairametrics Household Food Index tracks prices from Daleko, Iddo, Ago Ishaga, Ojuiwoye, Idi Oro and Aguda Market.
[table id=161 /]
Source: Nairametrics Research
The pricing data is based on a survey conducted by our field operatives, from select markets in Lagos State on a spot basis only. We cover the following markets, Daleko, Iddo, Ago Ishaga, Ojuiwoye, Idi Oro and Aguda Market.
Our data dates back to the 1st of August 2016 for most of the items on the tracker. However, we used September 17th as our base month for identifying percentage trends.
Disclaimer: The Biweekly Survey of Household Foodstuff Prices In Lagos is not recognized by the Lagos State Government, Federal Government or the National Bureau of Statistics. It only represents the outcome of data gathered by Nairametrics for our analysts.
The National Bureau of Statistics Consumer Price Index remains the official source for measuring the increase in prices of goods and services in Nigeria. Usage of this data is strictly on the volition of the user. Nairametrics will not be held liable for any decision making based on the usage of this data. Please read our disclaimer policy.
Let us know what other items you would want to be included in our tracker.
Good job keep it up very useful information
Thanks for the info, nice one !