Attachments
Highlights
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The year-on-year inflation has increased by 7% for general, 3.8% for food and 10.8% for non-food. The consumer price index of bread and cereals has increased by 6.6% as compared to August 2012 which contributed to the rise in the indices of food and general consumer price index.
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The import parity price of maize (Durban) and wheat (Black Sea) at Addis Ababa remained stable with decreases of 5% for wheat and one percent rise for maize against July 2013. The import parity price at the reference markets stood at US $ 447/mt for white maize and at US $ 374/mt for wheat.
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The nominal wholesale price of maize increased by about 6 to 12% at markets of Addis Ababa, Mekelle, Bure and Debire Markos, Bahir Dar, Dessie, Dire Dawa and Woliso. The increase in price of maize is largely associated with seasonal factor and high demand for maize by poor and very poor households being the cheapest cereal.
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In Somali region, as a measure to improve the supply of food commodities and stabilize markets, Government has permitted duty-free import of selected woredas with limited quota for vegetable oil, sugar, rice, spaghetti, macaroni and wheat flour.