The average price in the Delta region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per m² in Delta has increased strongly in the last 6 months. During November, the average price per m² was ₦ 7,348. In December the price pretty much stayed the same at ₦ 7,601 per m². In the following two months (January, February) the price per m² has risen strongly to a 258 %. In the last two months, the price per m² has had a significant increase of 207 %. This has been obtained by comparing the price of ₦ 13,382.25 for the first four months of the sample with regard to the previous 4 months and the price of ₦ 27,704.5 per m² for the last two months (March, April).
Based upon to the price in Delta(region), this has increased considerably in the last 6 months. The average price in November is ₦ 3,468,738. In December the price increased to ₦ 3,893,750. The average price for the following two months (January, February) increased from ₦ 3,681,244 to ₦ 4,099,056.5. During the last two months the price has had a considerable increase of 212 % with respect to the previous four months going from ₦ 3,890,150.25 a ₦ 8,257,027.5.