Ver Angola


Price of basic food products drops 36 percent this week

Forecasts by the Strategic Food Reserve (REA) indicate that this week (20th to 26th of June) the price of the main goods in the basic basket will fall by around 36 percent, compared to November last year.


Thus, it is expected that wheat flour (25 kg package) will be sold at 8,200 kwanzas, against the previous 23,000 kwanzas and that the same amount of cornmeal will be reduced from 13,800 kwanzas to 6,200 kwanzas.

These two products registered the greatest variation compared to November 2021. According to the REA, wheat flour fell by around 64 percent while cornmeal fell by around 55 percent.

Still in the period under analysis, it is estimated that sugar (50 kilograms) will drop to 18,700 kwanzas, compared to the previous 24,200 kwanzas.

Forecasts also indicate that the cost of a 25-kilogram bag of Thai rice will rise from 11,737 kwanzas to 7,500 kwanzas, while the same amount of Myanmar rice will drop from 10,000 kwanzas to 7,500 kwanzas.

According to REA data, there will also be a drop in the value of soybean oil (12 liters), which will drop from 17,450 kwanzas to 11,000 kwanzas, as well as in the packaging of 10 kilograms of chicken thighs (it will drop from 10,190 kwanzas to 7400 kwanzas) and in the package of 25 kilograms of pinto beans (it will go from 24 thousand kwanzas to 19,200 kwanzas).

These values, according to the REA, are valid throughout the country.

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