Resources

The report analyzes the evolution of weekly maize and rice prices in four East African countries - Uganda, Kenya, Tanzania, and Rwanda - in June 2023.

The report presents price trends and movements for key food commodities, including dry beans, dry maize, rice, wheat, and Irish potatoes, for June 2023, in selected major regions and markets in Kenya.

The fate of the Black Sea Grain Initiative is again in jeopardy. The collapse of the Nova Kakhovka dam last month has flooded cropland along the Dnipro River and disrupted irrigation. Meanwhile, the ammonia pipeline from the Russian Federation to the Ukrainian port of Pivdennyi has also been damaged. The pipeline has not been in operation since the start of the war; however, its reopening has been a key demand of the Russian Federation to renew the grain deal. While these events are not likely to have major impacts on grain supplies in the short term, they further increase tensions that could result in a termination of the agreement later this month. This would reduce Black Sea exports and further reduce Ukraine production incentives.

The report analyzes the evolution of weekly maize and rice prices in four East African countries - Uganda, Kenya, Tanzania, and Rwanda - in May 2023.

The report presents price trends and movements for key food commodities, including dry beans, dry maize, rice, wheat, and Irish potatoes, for May 2023, in selected major regions and markets in Kenya.

Data from May indicates a persistent trend of modest price increases in Nepal. Year-on-year inflation for food and beverage prices was recorded at 5.5 percent, which, though lower compared to 6.9 percent in the previous month and significantly less than in April and May 2022, still denotes an escalation in food prices from an already elevated base. While the high inflation rate impacts all consumers, it is likely to disproportionately strain the finances of the poor, potentially jeopardizing food security. Moreover, the inflation rates for non-food items and services surged to 8.9 percent. The Consumer Price Index (CPI) experienced a somewhat milder increase compared to the Wage Rate Index, registering a 7.4 percent growth as opposed to 7.6 percent.