The prices of vegetables and basic food in Myanmar have more than doubled

Published 2024년 6월 26일

Tridge summary

In Yangon, Myanmar, the prices of vegetables such as cabbages and half cabbages have seen a significant increase, with half cabbages now costing up to 4,000 kyats, a price increase of over 4 times, and cabbages selling for at least 240,000 kyats, a price increase of nearly 5 times. Other vegetables like tomatoes, roselle leaves, lettuce, and kale have also seen a near 2-fold price increase in the past 6 months. This price hike is attributed to a vegetable shortage, increased transportation costs, and higher worker costs. The delivery costs to the Deningong Market have doubled, and there are occasional vegetable shortages. Additionally, the fares have increased by about 2 times, and when the vegetables are retailed in townships, the prices rise further, leading to a consumer price increase of at least 2 times.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

At the end of December 2023, the wholesale price of 100 cabbages was around 50,000-100,000 kyats, and recently at least around 240,000 kyats. Similarly, in 2023, the price of half a cabbage was 750-800 kyats, and currently the highest price for half a cabbage is 4,000 kyats, which has increased by more than 4 times. The prices of other vegetables, such as tomatoes, roselle leaves, lettuce, kale, etc., have also increased by nearly 2 times in 6 months. The reason for the nearly 2-fold increase in vegetable prices is that vegetables Shortage, transportation costs and worker costs have increased. A vendor at the Deningong Vegetable Wholesale Market in Yangon said that the cost of delivering vegetables to the Deningong Market, including fares and workers' loading and unloading fees, has increased by nearly 2 times compared to before. Then the vegetables are still in short supply from time to time, and the vehicles all the way to Yangon, ...

Source: Foodmate