Monthly Price and Food Security Update Kyrgyz Republic, October 2012
In October 2012, the retail price of wheat flour increased by 4% in rural and 5% in urban areas on a month-on-month basis. This means that the price has increased by 53% in rural and 42% in urban areas since June 2012, and an average of 47% across the country.
The domestic retail price of wheat flour in October was only 7% lower than the peak level of early 2011.
Milk prices increased by 9% in rural and 11% in urban areas on a month-on-month basis. This highest increase was observed in rural Naryn (33%) and Batken (32%). The increase reflects a seasonal pattern.
The average retail price of potatoes increased by 15% in rural and 16% in urban areas on a month-on-month basis. In Issyk-Kul oblast, a traditional potato-producing area, the price decreased by 37% in rural and 30% in urban areas.
The increased food prices will affect poor families the most because they spend up to 61% of their household budgets on food.
WFP’s latest food security assessment conducted in September 2012 showed that household food insecurity levels in the country deteriorated with an estimated 25% of households or about 1.3 million people deemed food insecure.
In response to wheat flour price increases, the government released wheat flour stock from the State Material Reserve in October to be sold at a subsidised price.