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But in all market economic fabric of the capital, Bujumbura, some of the basic necessities prices continued to rise, even locally produced food is also listed commodities prices
.
In response to this phenomenon, the Minister of Agriculture of Burundi said that a variety of factors have caused the price increase, including speculative hoarding by some speculators
.
On December 23, the Ministry of Commerce of Burundi issued Circular No.
750/2784/CM/2021, announcing that all businessmen are strictly prohibited from hoarding, requiring dealers of BRARUDI beverages and SOSUMO sugar to put on shelves all the goods they get, and requiring transportation practitioners to charge at normal prices.
The notice also called on the masses to report speculation to the competent department or the police department responsible for land transportation safety
.
.
On December 23, the Ministry of Commerce of Burundi issued Circular No.
750/2784/CM/2021, announcing that all businessmen are strictly prohibited from hoarding, requiring dealers of BRARUDI beverages and SOSUMO sugar to put on shelves all the goods they get, and requiring transportation practitioners to charge at normal prices.
The notice also called on the masses to report speculation to the competent department or the police department responsible for land transportation safety
.
However, according to the interviewed traders, the increase in the purchase price of commercially available goods is the main reason for the increase in selling prices
.
The price increase of some necessities such as rice, beans and corn kernels did not start from the holiday at the end of the year, but has not stopped rising since the beginning of this year
.
Both imported products and locally produced products are within the price increase range
.
.
The price increase of some necessities such as rice, beans and corn kernels did not start from the holiday at the end of the year, but has not stopped rising since the beginning of this year
.
Both imported products and locally produced products are within the price increase range
.
According to analysis, the system of agricultural product purchase guidance price and sales guidance price designated by the Ministry of Agriculture earlier has not been well observed
.
For example, the purchase guide price of corn is 680 browns per kilogram, and the market guidance price is 1,080 browns per kilogram, but in some shops in Bujumbura, the price of corn kernels even reaches 1,200 browns per kilogram to 1 350 browns
.
The purchase guide price of potatoes is set at 700 browns per kilogram, and the current market price is between 1,000 and 1,200 browns per kg
.
The purchase guide price of rice is set at 830 to 1,000 browns per kilogram, but the market price has reached 2,500 to 2,800 browns per kilogram
.
The prices of beans, onions and other agricultural products are also higher than the sales guide price
.
.
For example, the purchase guide price of corn is 680 browns per kilogram, and the market guidance price is 1,080 browns per kilogram, but in some shops in Bujumbura, the price of corn kernels even reaches 1,200 browns per kilogram to 1 350 browns
.
The purchase guide price of potatoes is set at 700 browns per kilogram, and the current market price is between 1,000 and 1,200 browns per kg
.
The purchase guide price of rice is set at 830 to 1,000 browns per kilogram, but the market price has reached 2,500 to 2,800 browns per kilogram
.
The prices of beans, onions and other agricultural products are also higher than the sales guide price
.
According to data released by the National Bureau of Statistics of Burundi, Burundi’s annual inflation rate reached 8.
2% in October 2021, and the increase in food prices reached a high of 11.
4% in October
.
According to this trend, cloth food prices will continue to rise
.
2% in October 2021, and the increase in food prices reached a high of 11.
4% in October
.
According to this trend, cloth food prices will continue to rise
.
