Massive increases in the price of “Ghee” and “Jasmine Rice”
The Consumer Council of Fiji says that the suppliers of Ghee and Jasmine Rice have attributed the increased prices to global supply shortages.
September 15, 2017 12:49 pm
Council CEO, Premila Kumar said the importing companies increased their wholesale price, which led to retailers hiking their shelf price.
“Council’s price survey shows that the retail price of a 750ml bottle ghee in February 2017 was on average around $10.00 – $11.00 whereas in September 2017 price of ghee shot up to $16.95. Similarly, the retail price for 10kg Jasmine Rice in February 2017 ranged from $16.00 – $18.00 but in September 2017 the price is in the range of $19.50- $24.00.”
According to the Council’s price survey in five major supermarkets in the Central division, the price of 750ml Punjas Ghee and Allowrie Ghee are more expensive with price ranging from $14.95 to as high as $16.95.
Prices of brands such as Fiji’s Choice Ghee and Farm Fresh Ghee are between $13.95 to $15.95. Similarly, the price of 10kg FMF Jasmine Rice ranges from $21.50 to $23.99 when compared to Punjas Jasmine Rice.
Kumar reminded consumers to exercise responsibility and engage in comparative shopping to get a cheaper deal in some supermarkets compared to others.
“With Diwali fast approaching, the Council cautions consumers to take out time to compare the prices of items particularly ghee which is a common product used for making sweets.”
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