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West and Central Africa - Markets Update: Special Issue on the Ebola Outbreak, September 2014

West and Central Africa - Markets Update: Special Issue on the Ebola Outbreak, September 2014

Highlights

  • Border closures and movement restrictions reduce trade volumes in Ebola-affected sub-region.
  • Monthly prices remained stable between August and September 2014 in Guinea with the exception of Labé market, were local rice prices fell by 21 percent.
  • Boarder closure and movement restrictions in Guinea cause retail and producer prices for potatoes to drop significantly in recent months.
  • In Liberia, prices for imported rice have continued to increase beyond their seasonal pattern.
  • The exchanges rates of the Liberian Dollar (LRD) and the Sierra Leone Leone (SLL) against the US Dollar have stabilized (LRD) / increased (SLL) in September. In Liberia, however, the exchange rate remains more than 13 percent below September 2013 levels, which maintains inflationary pressure on domestic prices of imported food commodities.
  • 16 weekly markets closed in Senegal along the border with Guinea, causing significant trade contraction between the two countries.