Sudan

WFP Market Monitor - Sudan: September 2021

Format
Situation Report
Source
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Highlights

• The national average retail price of sorghum was SDG134.53 /kg, which is an increase by 4.07% compared to the previous month.

• The national average retail price of Wheat flour was SDG365.17/kg, which is an increase by 5.91% compared to the previous month.

• The national average retail price of goat was SDG19,614/head, which is a decrease by 3.27% compared to the previous month.

• The national average retail price of groundnut was SDG14,148/sack, which is an increase by 2.07% compared to the previous month.

• The national average cost of WFP local food basket was SDG232.9, which is an increase by 4.98% compared to the previous month.

Food Security Outlook

During September, the parallel foreign exchange rate was stable around the official rate SDG448 per 1 US$. The inflation rate showed a decrease in September 2021 (365.82%) compared to 387.56% in August 2021, while the monthly percentage change in CPI was 15.55% compared to 6.52% in August, which shown a significant increase in the prices of commodities and services. As the result, the average cost of WFP local food basket (LFB) increased to SDG232.9 in September compared SDG221.28 in August 2021. On the other hand, there was slight increase in the average casual labor wage-daily rate (SDG1,304), which an increased by 4.0 percent compared to August 2021 while it was higher by 236 percent compared the same period of previous year. The sustained food insecurity and economic crisis may continue even after the main summer harvest season in November 2021 to February 2022, as complete lifting of fuel subsidy and free exchange policy pushed the production cost more than 3 to 4 times compared to previous season, which expected to increase the prices of crops and foods next year. Unless positive economic factors occur such as positive response from the Agriculture sector, improve in the access to foreign funds and debt relief that might make fundamental changes to the macroeconomy.