Uganda: Banana Prices Dropping

Kampala — We are in the second quarter of 2010 and the weather is relatively hot. Because of the unfavourable condition food production has been affected, reflecting negatively on prices.

However, the price of matooke one of the most consumed food item in Uganda is showing signs of stability perhaps due to a stable production trend. Consumers are spending less for matooke and signs are, they will continue to enjoy the low prices up to November when food prices drastically rise. According to a survey carried out by Saturday Monitor, a bunch of matooke is sold for between Shs6,000 and Shs11,000.

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