Market Update
According to the latest report from the Central Statistics Agency, Ethiopia’s year-on-year inflation rate, which measures the price change between the same months of two consecutive years (February 2012 and February 2013), showed increases of 10.3 per cent for general price inflation; 7.9 per cent for food price inflation – below two digits for the first time since December 2010; and 14.3 per cent for non-food inflation. The year-on-year inflation rate for January 2013 stood at 12.5, 11.3 and 14.4 per cents for general, food and non-food price inflation respectively. The cereal consumer price index stabilized between January and February in line with seasonal expectations, compared to the five year average. Regionally, the cereal consumer price index fell in Afar (by 5.9 per cent), Somali (by 3.2 per cent) and Gambella (by 2.6 per cent) Regions and stabilized in Amhara, Oromia, Tigray and SNNP Regions.
However, an unseasonable cereal price increase (by 4.4 per cent) was registered in Beneshangul Gumuz. For more information, contact: wfp.addisababa@wfp.org and infodrmfss@dppc.gov.et
Relief Food Update
Relief food dispatch for the first round of 2013, targeting 2.48 million people nationwide, started this week. Under this round, beneficiaries in areas covered by the Disaster Risk Management and Food Security Sector – DRMFSS (962,077 people), the NGO consortium Joint Emergency Operation – JEOP (635, 346 people) and WFP (890,925 people) will receive a full food basket and full rations of relief food. The shortage in CSB identified for the DRMFSScovered areas last week was filled through a loan from WFP. Meanwhile, dispatch of the Productive Safety Net Programme (PSNP) food allocation for February is ongoing, with 52 per cent of total allocations dispatched to Amhara, Oromia, Tigray and Somali Regions, as of 12 March. For more information, contract wfp.addisababa@wfp.org
Disclaimer
- UN Office for the Coordination of Humanitarian Affairs
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