Farming
Market Watch: No major price increases before festive season
Beef, the most favoured food during the festive season, is expected to increase in price during this period. Photo by Rachael Mabala.
Posted Wednesday, December 12 2012 at 00:00
Beef
“Because the market prices for most commodities are still favourable, it would be better for people who are likely to purchase things like chicken now before the prices are hiked,” Lule advises.
For beef, which most people will opt in the festive season still costs Shs8,000 a kilo. The price is expected to rise by Shs2,000 or up to Shs5,000 depending on the demand from customer as Brian Sserunjonji at Bbunga Market observes.
“Usually, we increase the prices of beef by a small percentage during Christmas but return to the normal prices after the season,” he says.
ckatende@ug.nationmedia.com
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