Business News of Friday, 21 June 2013

Source: GNA

Commodity prices up marginally in Tamale

Prices of some local commodities in markets in the Tamale Metropolis has gone up marginally in June as compared to the previous months this year.

     The Ghana News Agency survey at the Tamale and the Aboabo markets showed that prices of some commodities such as local rice, millet and sorghum have gone up marginally while groundnuts and yam have remained stable.

     The table below shows the items and the price changes that have occurred in the month of June.


COMMODITY PRICES IN TAMALE METROPOLIS
(GNA JUNE MARKET SURVEY)

 

ITEM

QUANTITY/SCALE OF MEASUREMENT

MAY 2013
(OLD PRICE)

JUNE 2013 
(NEW PRICE)

PRICE CHANGE

UP/DOWN

Rice (local)

“Olonka”      (Size)

GH¢4.50

GH¢4.00

Up Gp50

Maize

“Olonka”

GH¢1.20

GH¢1.50

Up Gp30

Sorghum

“Olonka”

GH¢2.0

GH¢2.50

Up Gp50

Fresh Tomatoes

Small Size Paint Bucket

GH¢8.00

GH¢10.00

Up GH¢2.00

Eggs (fowl)

A create

GH¢9.00

GH¢10.00

Up GH¢1.00

Bean

“Olonka”

GH¢4.50

GH¢5.00

Up Gp50

Garden Eggs

100 Kg Bag

GH¢65.00

GH¢70.00

Up GH¢5.00

NB: Up and Down means the price of the item has risen or fallen respectively  

    Some market women attributed the marginal price increases to the impending fasting period by the Muslims that had caused demand to go up. They say normally they buy the commodities and keep them for use after the fast.