Statistical Study On Prices And Quantities Of Staple Foods In Imo State (2006-2012)

25 pages ID: STS0170

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Project Details

DepartmentStatistic
TypeProject
Pages25
Reference StyleYES
FormatMS Word & PDF
Reference No.STS0170

Abstract

ABSTRACT Rising cost of foodstuffs affect the welfare of majority of Nigerians who live below the poverty line of one dollar per day. The study examined the relative changes in prices of staple foods in Imo State. The study collected secondary data from National Bureau of Statistics (NBS) on the yearly prices and quantities of staple foods in Imo State over a period of seven (7) years (2006-2012) .The Fisher’s Ideal Index was used to analyze the data. The study revealed that prices of staple foods in Imo State increased persistently leading to a high cost of living and a falling standard of li…

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