Bread prices double during Ramadan [Archives:2007/1086/Front Page]
September 17 2007
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For Yemen Times
SANA'A, September, 16 ) Price hikes are remarkably increasing in the Yemeni markets especially in the necessary foodstuffs such as wheat and flour. These price hikes drove the costumers tense and worried. The bakeries owners doubled the price of a bread loaf a hundred percent. They also minimized the size as one kg of flour cost 240 while it was 120 a few weeks ago.
The price of a bag of wheat with capacity of 50kg has reached to YR5000 where it was valued at YR4000 three days before. A 25kg wheat bag is worth YR3000. Furthermore, the flour bag with a capacity of 50kg is sold at YR 6700 and YR 3400 for the 25kg bag.
Jar-Allah Al-U'tmi, a bakery owner in Sana'a, considered these price hikes unreasonable and frightening. \”We increased the prices because we will not get gains if we sell bread according to the previous price. If the government does not take any measure against this increase of the prices
