The Independent Uganda: You get the Truth we Pay the Price
Uganda Bureau of Statistics (UBOS) has revealed an increase in prices of manufactured goods by 5.1% between April 2015 and April 2016.
Some of the contributors to the annual increase include processed food by 8.1%, a result of a rise in sugar by 20.7%, processed coffee by 10.3%, vegetables and animal oils by 4.1%. Also contributing to the increase in producer prices are 2.7%, bricks and cement by 6.2% and metal products by 1.5%.
According to William Anguyo, Principal Statistician at UBOS the rise in prices on the international market and cost of production of raw materials hiked prices of processed coffee, and sugar and vegetable oils respectively. Cement and lime have increased by 6.5% while bricks and ceramics by 3.7% due to increased cost of imported material.
The customers that bought directly from factories had to pay more by 5.1% in April 2016 compared to April 2015. Anguyo noted a decrease by 0.2% in prices of manufactured goods produced for consumption in the local market in April 2016. The decrease was due to a fall in prices of chemical products and metal products by 3 and 0.4% respectively.
