Food prices drop for the second week in July

quist 17:59 - 08 July 2016

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Prices of some commodities in the country have dropped marginally in the second week of July. The commodity which experienced massive drop in its price was tomato.

Prices of food stuff have continued to drop for the second week of July, with tomato leading the pack.

The price of tomatoes fell by 15%, currently selling at GHC9.70 for a medium size tomato tin, according to food pricing platform, Esoko.

Groundnut came second with a 6% drop to close the week at GHc13.40 per “olonka.”

Other figures released by Esoko Ghana also showed that the price of cassava also went down by 5% and being sold at GHC6.90 per “3-4 tubers.”

Price of cowpea saw a 2% decrease in price, selling at GHC9. Soyabean also went down 2% to sell at GHS6.00 per “olonka”.

Millet gained 3 percent in price to close the week at GHc5.60 per “olonka”. Cassava (Gari) followed with 2 percent gain to close the week at GHS 6.90 per “olonka”. Maize and Rice (local) also gained by a percentage point each. Both closed the week at GHS 5.70 and 7.60 per “olonka” respectively.