Prices of foodstuff stabilize in major markets

Prices of foodstuff stabilize in major markets

A woman holds 03 July 2007 in Accra a wad new currency, the new cedi, that Ghana put in circulation that day, although the old money will still be valid until the end of the year. Currently, the cedi is one of the least valued currencies in Africa: 9000 cedis equal one US dollar. Ernest Addison, head of research at the Bank of Ghana, assured in November 2006 that the changeover was not a revaluation nor devaluation, and will not affect foreign exchange. AFP PHOTO / ISSOUF SANOGO (Photo credit should read ISSOUF SANOGO/AFP/Getty Images)

A market survey of the wholesale and retail prices of various food commodities from various market centres in Accra had revealed that the prices gradually stabilized in the third week of June.

The survey conducted by Ghana News Agency at Mallam, Kaneshie, Makola, Kasoa, Achimota, Dome and Tema Community Nine Markets over the weekend, revealed that prices of foodstuffs even though varied at the various centres, they were relatively moderate.

Generally the GNA survey reveals that prices of goods at Dome, Achimota and Makola markets are relatively expensive as compared to the other markets visited.

A bag of Maize at the Dome market is sold at GH₵250.00 and Olonka is GH₵6.00; at Mallam market is pegged at GH₵220.00, whilst an Olonka is sold at GH₵5.00; at the Kaneshie market a bag of maize is sold at GH₵200.00, whilst Olonka also goes for GH₵5.00; and at Makola market a bag is GH₵200.00, whilst Olonka goes for GH₵4.00.

At Tema market, a big paint rubber bucket of tomatoes is sold at GH₵40.00; at Kasoa it is sold at GH₵35.00; at Mallam market the same quantity is sold for GH₵30.00; at Achimota market it is pegged between GH₵25.00 and GH₵30.00; and at Makola GH₵15.00; whilst at Kaneshie a box of tomatoes goes for GH₵600.00.

The price of Groundnut paste also varies at the various markets; a paint rubber bucket is sold at GH₵50.00 and Margarine tin for GH₵12.00 at Mallam Market.

The price of bunch of plantain at Makola is GH₵60.00 and two fingers goes for GH₵2.00; at Mallam market the price ranges from GH₵10.00 to GH₵35.00 depending on the sizes, whilst three fingers small sizes is GH₵2.00 and four medium size is sold at GH₵ 5.00; at Kaneshie market, two medium size fingers of plantain is sold at GH₵2.00.

At Kosao a bunch of plantain is sold for GH₵30.00, four fingers for GH₵2.00; at Achimota the bunch is sold between GH₵35.00 and GH₵80.00.

The prices of a tuber of yam also recorded slightly market variations depending on the type; at Mallam market, four tubers of Alaba medium is sold at GH₵8.00, and a tuber of ponjo big size is sold at GH₵6.00.

At Kaneshie three tubers of ponjo big size is sold at GH₵15.00 and a tuber of pona big size is sold at GH₵7.00; at Makola tuber of pona is sold at GH₵4.00 and three tubers for GH₵10.00; at Dome market a tuber of pona is sold between GH₵4.00 and GH₵5.00; and at Kasoa market a tuber of ponjo is sold at GH₵5.00 and a tuber of pona GH₵7.00.

At Mallam Market olonka of palm nut is sold between GH₵1.00 and GH₵2.00; at the Kaneshie market olonka is sold at GH₵5.00; at Makola olonka is sold at GH₵3.00; at Kasoa the price is GH₵4.00; at Achimota the price is GH₵5.00; and at Tema the price is GH₵5.00.

At the Mallam Market, the price of pepper – red – GH₵20 per olonka, and GH₵5 margarine tin.

Dry pepper is sold for GH₵15 per olonka, and GH₵5 margarine tin.

Green pepper is GH₵15 per olonka, and GH₵3 margarine tin, while powdered pepper is sold at GH₵25 per olonka and GH₵5.00 margarine tin.

At the Achimota market, green pepper is sold at GH₵25 Olonka, and the red pepper GH₵30 Olonka while at Kasoa green pepper is sold at GH₵10 olonka and GH₵3 margarine tin.

Source:GNA 22-06-2015