Ver Angola


Price of basic basket goods drops 38.5 percent this week

This week (September 12th to 18th), the price of basic food products is expected to fall by around 38.5 percent compared to November last year, according to forecasts by the Strategic Food Reserve (REA).


The data indicate that wheat flour will top the list of goods that should signal a greater price drop. Thus, the REA predicts that 25 kilograms of this product will go from 23.033 kwanzas to 8200 kwanzas (-64.4 percent).

The same amount of cornmeal will also fall sharply: 25 kilograms of cornmeal will be sold at 5950 kwanzas, against the previous 13.800 kwanzas, reflecting a decrease of around 56.9 percent.

In turn, thai rice (25 kg package) will go from 11.737 kwanzas to 7000 kwanzas, while the same quantity of quality myanmar rice will drop from 10.000 kwanzas to 6650 kwanzas.

REA forecasts also point to a drop in sugar (50-kilogram bags), which will drop from 24.200 kwanzas to 19.250 kwanzas.

In addition, there will also be drops in the prices of soybean oil (12 liters) and chicken thighs (10 kilograms). Oil will be sold at 11.200 kwanzas, against the previous 17.450 kwanzas, while chicken will be worth 8850 kwanzas instead of the previous 10.190 kwanzas.

Already 25 kilograms of pinto beans will be sold at 15.500 kwanzas, compared to the previous 24.000 kwanzas.

The reserve also added that these figures are valid for the entire country and reflect a general decline of 38.5 percent compared to November last year.

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