Food prices soar

The prices of some commodities have increased following the upward adjustment of the prices of fuel products by the National Petroleum Authority (NPA) in February, this year.

A market survey conducted by CITY & BUSINESS GUIDE at the Makola, Agbogbloshie and Kaneshie markets revealed significant hike in prices of vegetables and Gari, among others.

Some market women and shop owners have attributed to the development to the increment in the prices of petroleum prices.

When consumers fail to buy the goods, perishable goods get rotten while canned and bottled foods also expire leaving us with no profit to reinvest in our businesses, they noted.

At the Makola and Agbogboloshie markets, the paper gathered that an American tin (Olonka) of Gari and palm nut, which were sold at GH¢3.50 and GH¢1.50, currently go for GH¢5 and GH¢4 respectively.

Some consumers complained bitterly about exorbitant prices of foodstuffs and the high cost of living.