4% increase in price of normal flour

4% increase in price of normal flour

By Karishma Kumari
Friday 08/12/2023
Photo: File

People will need to pay more when purchasing normal flour as the price has increased by 4 percent from yesterday.

This has been determined by the Fijian Competition and Consumer Commission after reviewing the wheat prices for the second quarter of 2023, revealing rising costs in production.

A 10kg normal flour will increase by 68 cents and will cost $17.52, a 5kg pack will increase by 34 cents and the new price will be $8.86, a 4kg pack will increase by 27 cents and will cost $7.12 while a 2kg pack will now cost $3.57 and a 1kg pack will cost $1.81.

FCCC says the wheat product refers to the raw materials which are milled and manufactured locally for the production of flour and sharp, therefore the price increase is attributed to the increase in milling and production costs for the period.

They say despite the slight decrease in the cost of raw material for the second quarter (Apr/May/Jun 2023), FCCC’s independent assessments resulted in an average increase in flour and sharp price by 4% attributed to the increase in milling and production costs and the continued strengthened of the USD currency.

They say despite this limitation, FCCC remains committed to actively monitoring these external market forces and will endeavour to adjust prices accordingly within the constraints of the global market scenario.

FCCC says its mandate as a market regulator is to ensure that the product manufactured sustains its supplies and at the same time is affordable to consumers ensuring that millers also achieve their return on investment carried out for the past ten(10) years.

FEATURE NEWS
Anyone who wants to come in has to come without any political affiliation – GCC Chair
Chairman of the Great Council of Chiefs, Ratu Viliame Seruvakula has made it clear that if any chief wants to be a GCC member, they will have to come ...
2 hours ago
LATEST NEWS
The term ‘breaking the glass ceiling’ is a real achievement for women - Uluinaceva
Leadership Fiji Alumni and Maxumise Fiji Managing Director, Salote Uluinaceva says the term ‘breaking the glass ceiling’ is a real achievement ...
2 hours ago

Fuel prices to go up from tomorrow
People will have to dig deeper into their pockets as fuel prices are going up from tomorrow. Unleaded fuel is going up by 11 cents and will now ...
7 hours ago

Cabinet approves relocation of Nabavatu Village which will cost $5.9 million
Cabinet has approved the relocation of Nabavatu village to land in Nadoiviri belonging to the Mataqali Uluitoga and Mataqali Nalutu. Nabavatu ...
7 hours ago

Villagers in Ba change way of living due to climate change – Uni Fiji Lecturer
Coastal villagers in Ba are implementing changes in their agriculture, farming, fishing and way of living due to the impacts of climate change. ...
7 hours ago

Naupoto attacks Tikoduadua on Restore Blue and claims of interference
The attack on the Home Affairs Minister, Pio Tikoduadua has continued by the FijiFirst Party in relation to crime and drugs where FijiFirst MP, ...
7 hours ago

EXPRESSION OF INTEREST


fijivillage Straight Talk with Vijay Narayan
Latest Videos

Stay tuned for the latest news on our radio stations

CFL radio frequencies
yb
IN DEPTH
Kishore Kumar Trial
Kishore Kumar is charged with allegedly making false claims on his Facebook page, Kishore Kumar Publications that there was a porn video of ...
9 days ago

Concerns raised regarding the state of CWM Hospital
General and Chief Pediatric Surgeon at the CWM Hospital, Dr Josese Turagava says due to the increase in the number of people who are moving to the ...
11 days ago

HSBC Perth 7s 2024
The Fiji Airways Men’s National 7s side secured a 4th place finish at the HSBC Perth 7s while the Fijiana 7s finished 8th in the Women’s ...
26 days ago

TOP