The National Bureau of Statistics (NBS) says prices of beans, eggs, bread, rice, and other food items witnessed significant price increases in October 2024. The NBS said this in its Selected Food Prices Watch report for October 2024 released in Abuja on Tuesday. The report said that the average price of 1kg of brown beans increased by 254.23  per cent from N790.01 recorded in October 2023 to N2,798.50  in October 2024. “On a month-on-month basis, 1kg of brown beans increased by 2.19  per cent in October  from the N2,738.59 recorded in September 2024.” It said that the average price of medium-sized Agric eggs (12 pieces) increased by 140.21 per cent on a year-on-year basis from  N1,112.22 in October 2023 to N2,671.60 in October 2024. “On a month-on-month basis, the eggs  increased by 7.42 per cent from the N2, 487.04 recorded  in September 2024.” The report said that the average price of sliced bread increased by 103.76  per cent on a year-on-year basis from N760.82 in October 2023 to N1,550.24 in October  2024.
Sun