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Tomatoes lead food price inflation for third week running

Checks by Esoko Ghana revealed that the prices of maize, imported rice and soyabean recorded increases of two and one percent respectively.

 

This is according to farmer information resource, Esoko.

Farmers and tomatoe- traders also warned Pulse Business of an imminent drastic increase in the prices of tomatoes due to the relative scarcity of the commodity in the country between June and October each year.

According to the traders, they resort to importing tomatoes from the Ivory Coast, hence the price increase.

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Meanwhile Esoko's report for the first week in March show that the price of tomato recorded the highest gain of seven percent. The commodity ended the week at 7 cedis 70 pesewas per medium size tin.

cassava and groundnut followed closely with a 6 percent increase in their prices. Yam recorded the third highest gain of 3 percent to close the week at 4 cedis 90 pesewas per medium size tuber.

Imported rice and soyabean recorded increases of two and one percent respectively. On the various markets, Esoko Ghana observed that Kumasi recorded the highest gain in price of 28 percent for a medium size tin full of fresh tomatoes.

In Tamale, the commodity gained 12 percent to close the week at 6 cedis 80 pesewas. Meanwhile Techiman and Takoradi recorded gains of 11 and 2 percent to close the week at 10 cedis and 10 cedis 20 pesewas respectively.

Below is a full chart from Esoko:

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Email: eyewitness@pulse.com.gh

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