General News of Sunday, 14 June 2015

Source: GNA

Prices of goods in Accra markets glide

Makola Market Makola Market

Prices of food stuff at major markets in Accra have glided up slightly in the second week of June as against the same period last month.

A Ghana News Agency market survey conducted at Makola, Tema Station, Tudu, Kaneshie and Mallam Atta at the weekend revealed that while the prices of some commodities recorded reduction in prices during the current week as against the previous month, others saw a marginal increase.

In some instances, commodity prices remained unchanged for the period.

The price of yam stayed high as compared to price levels that prevailed a couple of weeks ago. This has been attributed to the fact that the old stock is now running out of supply.

A big tuber of yam is sold at Ghc10.00 at all the markets as against Ghc 8.00 last month; three fresh medium size Tilapia is sold at Ghc20.00 as against Ghc15.00 last month.

At Makola, Tema Station, and Kaneshie markets dried herring is sold at Ghc 5.00 per margarine cup; four fingers of small sized plantain is sold at Ghc2.00 while four fingers of medium sized plantain is sold at Ghc 4.00.

Prices of textiles in the market ranged from Ghc 20.00 to Ghc 200.00. Textiles such as Hi Target are sold at Ghc75.00 per six yards; GTP Nustyle is sold at Ghc 65.00 per six yards; Printex is sold at Ghc 120.00; Ghc 110.00 per six yards; and ATL is sold Ghc120.00 per six yards.

The prices of some food items such as rice, wheat, maize, and pepper have however remained the same in most markets in Accra during the week.

The prices of food commodities however continued to drop as compared to the previous months. The situation has been attributed to the onset of rains, as well as the beginning of the current harvest season.

Prices of foodstuff such as cassava, cocoyam, and plantain have now dropped marginally.

The survey showed that foodstuff prices at the Makola market were less expensive than those at the Tema station.