Food prices rose in October – NBS

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.”