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Inflation - ProbitasNews

The latest publication by the National Bureau of Statistics (NBS) has shown continual increase in prices of food items. According to the release, as of June 2024 , the average price of 1kg beans brown (sold loose) stood at N2,292.76.  This represents  a rise of 252.13% in price on a year-on-year basis from N651.12 recorded in June 2023 and a 14.11% rise in price on a month-on-month basis from N2,009.23 in May 2024.  Also the...