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Highlights
The national average prices of all food items continue to fluctuate negligibly during the 4th week of June 2024. Other than wheat grain and sugar, the prices of all food items increased negligibly. Overall, most of the food items show a significant decrease compared to the prices during the same period last year. However, the prices of food items (excluding wheat grain and wheat flour) are still significantly higher compared to the prices observed during the pre-Covid period. Similarly, compared to June 2021, before the political changes in the country, the prices of all other food items—except wheat, wheat flour, and cooking oil—remain significantly elevated.
The current national average exchange rate between the Afghani (AFN) and the US Dollar (USD) is AFN 70.7 per USD. After a sharp increase in January 2022, the value of AFN has consistently appreciated, showing an 18% appreciation compared to the previous year. Since March 2024, the exchange rate has remained stable, fluctuating within the range of AFN 70 to AFN 72 per USD. This stability has had a corresponding stabilizing effect on market prices for food and non-food items.
The prices of non-food commodities also experienced fluctuations compared to the previous week. The price of DAP fertilizer, improved seed and animal feed (concentrate) decreased by 2.8%, 1.3% and 0.5%, respectively. With a marginal reduction in the global price trend and decreased domestic demand, the price for these commodities show a significant decline compared to last year. However, compared to the month of June 2021 (before the political changes), the prices of fertilizers (DAP and Urea) and diesel remain significantly high.