Prices for basic food items shows little increase over past year

The prices for most basic consumer items showed little increase over the past year. A comparison with prices for a handful of basic consumer items purchased at a supermarket on Old Years Day 2023, as against the prices for the same items at the very supermarket on Old Years Day 2024, shows an overall increase of just over 10 percent.
Comparing this with the said items at the same supermarket shows a significant higher increase during 2023 as against 2024.
The price of for consumer items would vary at the different retail outlets but to find out exactly how it compared with prices one year ago, we are the same outlet where prices were checked one year ago.
Nevertheless, the same items were priced at other outlets ad shows similar prices with some slight differences in some instances.
A 400 gram of a certain brand of milk was $860 one year ago and is being retailed at the same supermarket for the same price a year later.
However, at the start of 2022, the same milk was $700 which reflected a 22 percent increase in 2023 a zero percent increase in 2024.
Another brand of milk which was $600 last December is currently being retailed at $680 which reflects an 11 percent increase during 2024.
That same milk was $300 at the start of 2022.
A 2kg pack of flour is was $520 last year and is now $550 which is a 6 percent increase.
At the end of 2022 the same flour was $420.
The slight increase in the price of flour over the years did not impact the price of flour-based items like Chowmein and noodles.
The price for a one-pound container of margarine mover from $360 last December to $680 currently which is a 90 per cent increase.
A 2kg sack of rice which was being retailed at $480 one year ago is now $520 which is an increase of nine per cent.
A one-liter bottle of a certain brand of cooking oil which is currently $420 was $480 which is a reduction in the price 12.5 per cent.
The price for sugar remained at $100 per pound throughout the year.
There was no noticeable increase in the price for toiletries with a cake of soap or a certain brand being retailed at $200 which is the same price it was one year ago.
It must be noted however that that same brand of soap was increased by 150 per cent during 2023, moving from $80 to $200.
A single role of toilet tissue of a certain brand was $180 a year ago and it is the same price as of Old Years Day 2024.
The items compared show a 10.84 percent increase over the past year. (G4)