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Large imports stabilize consumer goods’ prices ahead of Ramadan

in Afghan Business

Large imports stabilize consumer goods’ prices ahead of Ramadan

Prices of consumer products stabilize as Ramadan approached as a result of increase in imports.

Price of a 50-kilogramme bag of Brazilian sugar was sold at 2,020 afs, similar quantity of Pakistani rice sold at 3,100 afs, and same quantity of Pakistani flour priced at 990 afs, said Food Trader’s Union chief Haji Fazl Rahman.

He said a 5-kg tin of Momin ghee priced at 420 afs, a kilo of African black tea sold at 200 afs and a similar quantity of Indonesian green tea at 170 afs.

But wholesale prices varied from retail rates in some parts of the city.

Abdul Qodus, a shopkeeper in the Dohn-i-Bagh area of Kabul, sold a 50-kg sack of Pakistani rice at 3,500 afs and a 50-kg bag of Brazilian sugar at 2,200 afs.

He said the same amount of Pakistani flour was priced at 1,100 afs, a 5-kg tin of ghee at 460 afs, a kilo of African back tea at 220 afs and Indonesian green tea at 200 afs.

Fuel prices also remained unchanged over the week, with a litre of petrol costing 58 afs, while similar quantity of diesel sold at 57 afs, said Sidiqullah, a filling station owner in Taimani Square.

A gas dealer in the Dohn-i-Bagh locality, Ahmad Wakil, said one kilogramme of liquefied gas was sold for 40 afs, similar to last week’s price.

Meanwhile, gold prices witnessed no changes, with one gramme of Arabian gold sold at 2,200 afs and the same quantity of Iranian variety at 1,850 afs, said Abdul Baseer, a jeweller in the Lycce-i-Maryam neighbourhood.

In forex trading, moneychanger Ahmad Shah said the buying rate of a US dollar was 51.5 afs, while 1,000 Pakistani rupees accounted for 543 afs.

Last week’s exchange value of the greenback stood at 51.62 afs and 1,000 Pakistani rupees at 543 afs, he said.

Residents from Kabul had complained about the rise in prices of consumer goods and demanded the government to control the prices during the month of Ramadan.

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