Ver Angola


Basic basket prices down by around 38 percent this week

The downward trend in the prices of the basic food basket will continue this week (18th to 24th of July). According to the Strategic Food Reserve (REA), prices are expected to fall by around 38.2 percent compared to November last year.


According to REA forecasts, the biggest drop will be registered in wheat flour: a 25-kilogram package should drop from 23,033 kwanzas to 8250 kwanzas (-64.2 percent). The same amount of cornmeal should be sold at 6000 kwanzas against the previous 13,800 kwanzas (-56.5 percent).

In turn, sugar (50-kilogram packages) should fall from 24,200 kwanzas to 18,700 kwanzas (-22.7 percent).

Forecasts also point to a reduction in thai rice (25-kilogram bag), which will drop from 11,737 kwanzas to 6900 kwanzas (-41.2 percent) while the same amount of myanmar rice will fall from 10,000 kwanzas to 7100 kwanzas (- 29 percent).

Already 12 liters of soybean oil should drop from 17,450 kwanzas to 10,900 kwanzas (-37.5 percent), 25 kilograms of pinto beans will suffer a reduction of 24 thousand kwanzas to 17,500 (-27.1 percent) and 10 kilograms of chicken thigh will go from 10,190 kwanzas to 7650 kwanzas (-24.9 percent).

These figures, according to the REA, are valid for the entire country and reflect a general decline of 38.2 percent compared to November last year.


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