Djibouti – Monthly price monitoring bulletin, Djibouti City and regional capitals – June 2022

KEY POINTS

• According to the seasonal calendar (see FEWSNET), the month of June is characterized by the start of the lean season which will be severe due to the drought currently raging in the country. With regard to livestock, the migration of livestock in the Southeast and the migration in the central areas are continuing.

• The rise in staple food prices persists in June 2022, particularly in Ali Sabieh where the price of imported rice increased by 25% compared to May 2022. Similarly in Tadjourah and Arta, the price of pasta increased by 8% in one month. In Djibouti-ville also, the price of pasta has increased by 20%. Regarding other products, the price of oil has increased by 62% in Obock and 20% in Djibouti-ville compared to May, and by 7% for sugar in Dikhil. The price of kerosene also increased by 10% in Obock and 30% in Dikhil.

• Overall, June 2022 prices are about 20% higher than last year and below the five-year average for both commodities and non-commodities. Regarding the price of oil, it is much higher with 70% more in the regions and 50% more in Djibouti-ville. More specifically, the complete WFP food basket costs between 10% and 60% more than last year depending on the region.

• According to INSTAD, the inflation rate crossed the double digit mark in April and May 2022 in Djibouti. It stood at 11% despite the actions taken by the government to deal with market fluctuations since March, such as the launch by the Ministry of Trade and Tourism of a national consultation between public authorities and the sector. private sector in order to find a common solution to the problems of price increases, the zero-rating of certain essential foodstuffs or even the fixing of the prices of certain products as well as the monitoring and control of the application of these prices.

• In addition, a shortage of fruits and vegetables has been observed on the markets of Djibouti-ville since the beginning of this month, in connection with the disruption of supplies from Ethiopia following the conflicts between the two communities. The price of tomatoes, potatoes and onions more than doubled; thus reducing the food diversity of vulnerable households and compromising their food accessibility.

Source: World Food Program

Related Posts