Prices of foodstuff reduce marginally ahead of Christmas

Prices of some foodstuff in the country have reduced marginally ahead of the Christmas season.

Tomato recorded the highest drop with 14 percent as at the close of the second week of December at an average price of GHC 10.10 per ‘medium size tomato tin.”

Mr. Francis Danso Adjei, Content Manager at Esoko, said the development is as a result of the influx of tomato in the market.

The increase in tomato price was followed by Maize which made a 5 percent drop to close the week at GHC 3.80 per olunka.

According to Esoko Ghana, Rice (Local) also followed with a percentage loss to close the week at GHC 7.60 per olunka.

However, Yam (Pona) gained 14 percent to close the week at GHC 4.10 per “per medium size tuber”. Soya bean followed with 5 percent gain to close the week at GHC 6.20 per olunka and Groundnut with 3 percent gain to close the week at GHC 12.00 per olunka.

Price of Cassava (fresh tubers) also increased by a percentage point to close the week at 3.50 per 3-4 tubers.

Esoko Ghana added that on the various markets, the price for an “olunka” of maize gained 3 percent in Kumasi to close the week at GHC 5.10 and dropped by 17 percent in Accra to close the week at GHC 2.50 and also dropped by 25 percent in Tamale to close the week at GHC 3.00, whiles in the other markets, the price remained the same.

A “medium size tomato tin” full of fresh tomatoes lost 34 percent in Kumasi to close the week at GHC 6.30 with Techiman losing 44 percent to close at GHC 5.60 and also with Takoradi and Dambai dropping 17 and 10 percent to close the week at GHC 18.00 and GHC 6.50 respectively .

The commodity however, made a gain in Tamale; it gained 9 percent to close the week at GHC 7.20. In the other markets prices remained the same.

Meanwhile, Mr. Adjei attributed the price change in the market to the festive season.

See the attached below: