Purchasing Power
In August 2012, the terms of trade between unskilled labour and low quality rice in rural areas were 8.1 Kg/day, recording an increase by 1.7% from July. In the same time period, the terms of trade in urban areas increased by 0.3% to 7.8 Kg/day. In rural and urban areas, the purchasing power of households improved due to the increase in unskilled wage rates which compensated the increase in rice prices.
October 2012
Food Security