Cheaper flour from Monday

Flour prices are due to drop on Monday, National Flour Mills (NFM) announced yesterday.

Corporate communications manager Donna Cox did not give a breakdown of reductions but she said there will be different price reductions for the different grades sold by NFM. The company increased prices by 22 percent in January as a result of rising prices on the international market. The move was criticised by the Supermarkets Association which queried the size of the increase. At the time NFM chief executive Michael Potella said the company would lower prices when international prices went back down. Cox said yesterday while international prices have gone down, they have not returned to the levels in September when prices began to rise steadily. Customers were informed by letter yesterday.