Meat set to cost more as world prices go up





MEAT prices in Bahrain are likely to increase by up to 20 per cent following a global hike in logistics costs, it has emerged.

Bahrain industry heavy-weights yesterday said consumers will soon feel the pinch of the price rise which closely follows the worldwide increase.

The current price for Pakistani meat at the Manama Central Market is BD2.200 while Kenyan meat costs BD2.500 which is expected to rise to BD2.640 and BD3 respectively with the anticipated 20pc hike.

According to reports, world food prices rose for a second consecutive month in September, reaching a 10-year peak. It shot up nearly 33pc last month, compared with the same period last year, revealed the UN Food and Agriculture Organisation’s monthly price index.

Prices of Saudi milk, laban and yogurt went up in Bahrain last month following a Saudi Cabinet decision to scrap 50 per cent subsidies on dairy companies.

Read More - www.gdnonline.com

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