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WFP Regional Bureau Dakar Price Monitor: November 2021

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Compared to October, food commodities prices stabilized somewhat in the region, with the exception of Mauritania, Mali, and Niger, where relatively small increases have been observed.

The price increase for cereal products is around 8% in all regions of Mali. This increase is due to relatively strong demand during this period, when remaining stock holders continue to manage their stocks sparingly while waiting to see the outcome of the harvest, which is estimated by several actors to be below average.

Compared to last year, prices of basic food products remain relatively high in the most of countries in the region. Prices have doubled in some areas. The average annual price increase is 165% for maize in the Eastern region of Ghana, 91% for maize in the Maritime region of Togo and 60% for cassava flour in the Northern region of Sierra Leone. While local cereals are showing the largest increases, imported cereals are also showing substantial increases.

In some remote and conflict-affected areas of Niger, coarse grain prices have also risen sharply, by 20% to 30%, due to persistent disruption of markets and agri..

Compared to the five-year average, food commodity prices increased overall in the countries of the region in November.

In Ghana, maize prices rose sharply in Ashanti (+191%), Brong Ahafo (+168%), and the Northern Region (+163%). In the Kidal region of Mali, the price of millet rose sharply by 108%.

In the other countries in the region, the increase in cereal product prices varies between 20% and 40% compared to the five-year average. The price increase in Niger is due to insecurity and the decline in trade with Nigeria. 5% to 15%