Federal finance and statistics / National Bureau of Statistics

Selected Food Prices Watch (August 2024)

Executive Summary Selected Food Price Watch for August 2024 shows that the average price of 1kg beans brown (sold loose) stood at N2,574.63. This indicates a rise of 271.55% in price on a year-on-year basis from N692.95 recorded in August 2023 and a 5.31% rise in price on a month-on-month basis from N2,444.81 in July 2024. Agric eggs medium size (12 piece) experienced significant price increases year on year by N121.92% from N1,031.55 in August of last year (2023) to N2,289.19 in August 2024. On a month-on-month basis, the average price of this item rose by 5.48% from N 2,170.17 in July 2024. …