Attachments
Highlights
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The cost of the basic food basket (rice, edible oil, chickpeas, salt) remained stable but remains high (+34%) compared to the same time last year.
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The average prices for locally-available low-mid quality rice remained stable with slight changes between June and mid-July. However, starting from late July rice price increases have been reported in various parts of the country, which will be further validated as part of the August market price update.
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Edible oil prices remained stable or slightly decreased from previous month due to increased palm oil export availability from Indonesia as the world's leading exporter.
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Onion prices also surged this month due to low domestic stocks and increase in foreign demand. In some regions, prices are 3-4 times higher than the same time last year.
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The price of eggs overall stabilized, but with some variability across markets.
In Chin and northern Rakhine, increases were associated with high transportation costs and high costs of chicken feed. -
Chickpea prices high in Mon State due to decline in retail stocks and high transportation costs
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Fuel price decreased by -21% on average during July. However, prices remain significantly higher than one year ago, and reports of fuel shortages in early to mid-August have led to renewed price increases outside the monitoring period.