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Sana'a Streets Blockaded; Security Impose Tougher Measures
  Written By: Moneer Al-Omari ( YEMEN POST STAFF ) 
  Article Date:
January 19, 2009

 

 

Wheat flour has seen a surge in its prices over the last two weeks and a sack of wheat is sold against YR 6,500 (some $32.5) after its prices dropped during the last two months to YR 3.800.

This recent increase was associated with the rise of bread and loaf prices, posing problems to the majority of people who depend on bakeries for obtaining bread and loaves which are key components in Yemeni family's different meals. 

Economy professors and experts note that soaring prices of food stuffs, particularly wheat, could fuel the current chaos and disorder prevailing in most Yemeni provinces and also add to the sufferings of the majority of the country's population, estimated to be 22 million, who rely completely on imports. 

Meanwhile, a source at the Sana'a Commerce and Trade Chamber noted that this increase of prices was associated with the waves of bad weather that hit most wheat producing and exporting countries.

He added that prices will come down over the next 45 days, warning citizens against buying big quantities of wheat.