Rising world food prices will affect consumers in Fiji again from sometime next week.
Prices and Incomes Board officials have confirmed that the new prices have been forwarded to the manufacturers and consumers will feel an increase in the price of rice and local frozen chicken products from next week.
Prices for Thai Long Grain Rice will increase by 20 percent. The increase is for the brown rice milled here.
This is due to the increasing world price of rice.
Meanwhile, there will be an average increase of 3 percent in the prices of local frozen chicken products including whole birds and chicken portions.
The increase in the price of frozen chicken products is due to the increase in livestock feed prices as it is major component is wheat.
The impact of the increase will be felt by the consumers by next week.
PIB will also monitor the price increase margins placed by wholesalers and retailers.
Price Increase To Affect Consumers
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