The price rise is owing to the fast approaching holy month of Ramadan when items such as sugar, oil, flour, fruit juices, and fruits are in high demand. Market analysts say that compared to the rest of the year, there is a high demand for food items in the days preceding Ramadan.
The price increase specifically affects sugar, oils, rice, flour, pasta, juice powders, fresh juices, soups, jelly, and crème caramel among other items. Businesses will try to offer a variety of goods to consumers. They are taking precaution against a monopoly by importers and suppliers during the month of Ramadan.