Abia, Cross River, Bayelsa recorded highest food inflation in March – NBS reveals

The National Bureau of Statistics (NBS) has revealed that food prices were highest in Abia, Cross River, and Bayelsa.

The Statistics Bureau disclosed this in its latest Consumers‘ Price Index report, released for the month of March on Monday. The report revealed that Abia, Cross River, and Bayelsa recorded the highest food inflation on a month-over-month basis in March.

NBS further detailed that food inflation on a Year-on-Year basis was highest in Kogi, Kwara and Akwa Ibom

The report further disclosed that Borno, Yobe and Adamawa recorded the slowest rise in food inflation.

The report read, “In March 2024, Food inflation on a Year-on-Year basis was highest in Kogi (48.46%), Kwara (46.18%), Akwa Ibom (45.18%), while Nasarawa (33.76%), Borno (34.28%) and Bauchi
(34.38%), recorded the slowest rise in Food inflation on Year-on-Year basis. On a Monthon-Month basis, however, March 2024 Food inflation was highest in Abia (5.17%), Cross
River (5.14%), Bayelsa (4.75%), while Borno (1.59%), Yobe (2.08%) and Adamawa (2.12%)
recorded the slowest rise in Food inflation on Month-on-Month basis.”