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Despite the Cedi's appreciation, retailers are refusing to lower food costs for the holidays.

A few dealers at the Makola Market, one of the greatest exchanging outlets the More prominent Accra Locale, are reluctant to decrease the costs of food wares notwithstanding a sharp fall in the dollar conversion scale.

"We can't lessen the costs of certain things, since we don't think the ongoing Cedi appreciation is economical," Lady Abena Frimpong, a broker at the Market, told the Ghana News Organization (GNA) Business Work area.

She said they were concentrating available patterns and might want to survey costs when persuaded of a drawn out adjustment of the Cedi.

Costs of groceries saw a generally sharp increment months prior following the deterioration of the Cedi, with wares, including rice, vegetables, new meat, and different things having their costs shooting up cosmically.

A visit to the Market by the GNA Business Work area, on Thursday, December 22, saw costs of certain things, for example, new meat and vegetables staying high as was during the pinnacle of Ghana's monetary emergencies.

A pound of meat actually sells at 25 Cedis, chevon, 30 Cedis, and sheep, 22 Cedis, while the costs of some fish assortments like tilapia, fish, and red fish stay unaltered.

In any case, Anabella Lamptey, a merchant, showed that there had been an impressive decline in the costs of the five kilogram pack of rice, with the assortments selling somewhere in the range of GHC60.00 and GHC75.00.

Weeks prior, they were selling somewhere in the range of GHC80.00 and GHC125.00.

The costs of vegetable oil have additionally gone down from somewhere in the range of GHC900.00 and GHC1,200.00 to somewhere in the range of GHC600.00 and GHC800.00.

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Abena Frimpong Accra Cedi GNA Ghana News Organization


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