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- Published Apr 17, 2022
What explains Uganda’s surge in laundry soap and cooking oil prices in 2021/22?
This policy note investigates the recent spike in laundry soap and cooking oil prices in Uganda between June 2021 and March 2022. The upsurge primarily explained the price increase in the price of Crude Palm Oil (CPO) −the key raw material for making soap and cooking oil. Evidence reveals that between July 2021 and February 2022, the contribution of the international price of CPO in the final retail price drastically increased to 63 percent from 57 percent registered in the first half of 2021 (January to June 2021).
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