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Basic food basket registers low prices 

     Economy              
  • Luanda • Monday, 18 July de 2022 | 16h36
Food Strategic Reserve with top priority to staple goods
Food Strategic Reserve with top priority to staple goods
Pedro Parente

Luanda - The Strategic Food Reserve (REA) recorded a generalised downward trend in the prices of the basic food basket products by 38, 20 percent, for the period from 18 to 24 July, compared to November 2021. 

Since December 2021, the period when the REA came into operation, prices have gradually registered a decrease, and at this time, the 25-kilogram bag of cornmeal, which cost 13,800 kwanzas, fell to kz 6.000. 

In this period, it is verified that the 25 kilo sack of wheat flour is being sold at 8,250 kwanzas, as opposed to the 23,853 kwanzas, the 50 kilo sack of sugar fell from 24,200 to 18,700 kwanzas and the 25 kilo sack of Thai rice went from 11,737 to seven thousand kwanzas. 

A 12-litre box of soya oil currently costs 10,900kwanzas, down from kz 17, 450. 

The price of a 10-kilo chicken thigh box has fallen from 10,900 to 7,650 kwanzas and a 25-kilo bag of Pinto beans is being sold at 17,500 kz, as opposed to 24,000. 

According to a press release from the Strategic Food Reserve sent to ANGOP, these prices are valid for the whole of the country. 





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