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Nairaland Forum / Nairaland / General / Religion / Islam for Muslims / Why Are Prices Of Food Going Up During Fasting. (343 Views)
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Why Are Prices Of Food Going Up During Fasting. by Charleys: 4:13am On May 02, 2021 |
60% of the Nigerian population are fasting, meaning that no one is eating. This should make prices lower because the seller will want to sell out his goods because no one is buying. But that is not the case here. Instead the prices are going up because people are still eating. I need an explanation for this. 1 Like |
Re: Why Are Prices Of Food Going Up During Fasting. by Chixco95(m): 4:46am On May 02, 2021 |
It's Nigeria we are in Anything to earn more cash 1 Like |
Re: Why Are Prices Of Food Going Up During Fasting. by ibsaq(m): 5:03am On May 02, 2021 |
it's because we are buying spicy one and stock up.
everyone wants to change test during the period. |
Re: Why Are Prices Of Food Going Up During Fasting. by lilachiever(m): 5:04am On May 02, 2021 |
Charleys: Lol... Muslims eat more nutritious and expensive food during Ramadan, also most of the northerners don't produce or sell foodstuff during Ramadan as they take the whole month off commercial activities. |
Re: Why Are Prices Of Food Going Up During Fasting. by tolufase: 5:12am On May 02, 2021 |
There is only one thing that can push up the prices of goods and services- that's if the demand is greater than the supply. An increase in demand without corresponding increase in supply will lead to an increase in prices of goods or services as the case may be. |
Re: Why Are Prices Of Food Going Up During Fasting. by Charleys: 6:52am On May 04, 2021 |
tolufase: Which means there's no fasting then. |
Re: Why Are Prices Of Food Going Up During Fasting. by Charleys: 9:10am On Apr 04, 2022 |
This is happening this year again. Why? |
Re: Why Are Prices Of Food Going Up During Fasting. by Idrisk19(m): 6:18pm On Apr 04, 2022 |
Not during the Ramadan only, it happens during Christmas and new year as well. |
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