Onion prices in the Maldives rose to MVR 60 per kilogramme on Sunday amid supply shortages, up from MVR 25 to 30 per kilogramme two weeks earlier, with a 25-kilogramme bag now costing over MVR 900. Analysts attribute the surge to supply shortages and foreign exchange difficulties, warning that high black market dollar rates could push up other essential goods.
Tracked MVR 60 per kilogramme Food prices
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The price of onions in the Maldivian market has risen to MVR 60 per kilogramme, according to market prices on Sunday.
Word for word from the report in Maldives Republic. Open the report
Two weeks ago, onions were sold for MVR 25 to MVR 30 per kilogramme, with a 25-kilogramme bag costing around MVR 500.
Word for word from the report in Maldives Republic. Open the report
Two weeks ago, onions were sold for MVR 25 to MVR 30 per kilogramme, with a 25-kilogramme bag costing around MVR 500.
Word for word from the report in Maldives Republic. Open the report
Now, a 25-kilogramme bag has risen to over MVR 900, placing additional strain on consumers and retailers alike.
Word for word from the report in Maldives Republic. Open the report