Archive for March 11th, 2011

Jamaican consumers may have to absorb what could be a massive 50 per cent jump in the price of flour. A cut in the supply of wheat on the world market, and rising oil prices, have started to influence the cost of the basic consumer item in Jamaica.

“It really depends on the mark-ups along the way, a price from us (Jamaica Flour Mills) will increase by about 50 per cent by the time the consumer sees it. If we sell ...