Purchasing Power
Recent figures indicate low inflation and the terms of trade (goat/millet) are improving due to the onset of the harvest. A pastoralist selling his goat on the Abalak market received 83 kg in August 2012 against 42 kg of millet in July. However, the terms of trade remain unfavourable, compared to the five-year average. This is due to the fact that coarse grain prices remain much higher in all markets compared to the five-year average millet (49% to 82%), sorghum (28% to 62%) and corn (15% to 30%, in September 2012), despite month-to-month decreases observed with the onset of the harvest.
October 2012
Food Security