By: Momodou Justice Darboe
Retail prices of some essential food items and non-food items have recently increased in several parts of the KanifingMunicipality as price volatility in the commodity market proves almost impossible to reign in.
Customers in parts of the Gambia’s most densely populated local government area have been struggling to adjust to the new retail price tag on sugar, mayonnaise, mosquito coil, and milk.
At the time of writing this story, a cup of sugar was trading in some parts of the municipality at D18 after it jumped from D15 in recent days. A teaspoon of Armanti mayonnaise was trading at D15 a few months after it was upped to D10 while a mosquito coil has now been increased from D4 to D5. A tin of Omela was trading at D40 in some shops while a tin of Peak milk was being sold for D60 at some retail shops. The price of a tin of charcoal has yet to return to D15 after it was increased to D25 sometime ago.
Meanwhile, the Central Bank of The Gambia has in its last quarterly meeting forecast that price inflation will get worse before it gets better.
