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Price Of Beans Rose By 271.55% In August

by Leadership News
12 months ago
in Business
Price Of Beans
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The National Bureau of Statistics has reported a rise in the price of brown beans (sold loose) in August 2024.

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According to the Selected Food Price Watch for August, the average price of 1kg of brown beans surged by 271.55 per cent on a year-on-year basis to N2,574.63, up from N692.95 in August 2023.

On a month-on-month basis, the price of brown beans also recorded a 5.31 per cent increase, rising from N2,444.81 in July 2024.

“Selected Food Price Watch for August 2024 shows that the average price of 1kg beans brown (sold loose) stood at N2,574.63

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