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Market Watch 8

Recent harvesting, particularly paddy and maize, has resulted in expected seasonal price decreases for many key commodities, including a 5.5 percent national average decrease in the price of coarse rice.

However, the cost of musuro (broken lentil) continues to increase, it now costs 30 percent more than last year.

Despite some seasonal price decreases, the cost of almost all commodities is still considerably high compared to past years; for instance, common cooking oils are up by 30-40 percent, and rice is up by 19 percent.

Seasonal price adjustments are unlikely to be the start of a continued downward trend, and it is expected that prices will again increase early in the new year.

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