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Syria - Market Price Watch, 2015

Syria - Market Price Watch, 2015
  • Conflict, siege and a harsh winter hamper food availability in the Rural Damascus besieged areas of Madaya, Zabadani, Moadamiyeh and Qudsaya. The average price of wheat flour was recorded at SYP 1,115/kg, six times more expensive than Damascus market.

  • Conflict has severed supply lines to Deir Ezzor, leading to high prices and shortages. As a result one liter of diesel was sold at SYP 1,525/L, seven-fold more than the average price in the capital Damascus (SYP 205/L).

  • The unstable security situation continues to put a strain on the commodity supply chain and disrupt trade, leading to increases the nominal prices of wheat flour (+116 percent), rice (+126 percent), subsidized bread (+125 percent) and unsubsidized bread (+106 percent) compared to December 2014.

  • The purchasing capacity of daily wage earners, as reflected by the terms of trade, decreased by 16 percent compared to the same month last year.