FAO.org

Home > GIEWS - Global Information and Early Warning System > Price Warnings

Domestic Price Warnings

Countries where prices of one or more basic food commodity are at abnormal high levels in main markets.
Price warning level:  High   Moderate [Based on the Indicator of Price Anomalies (IPA)]

Select

Zambia

12/02/2019

Prices of maize products on the increase and high

Prices of maize meal products continued to climb in January and reached levels between 36 percent and 44 percent higher than those of a year earlier following sustained increases since August 2018. The increasing trend and the recent exacerbation of seasonal patterns were triggered by an overall tight supply situation after a weather-reduced 2018 maize harvest, with production 23 percent below the five-year average. In response to the reduced supplies, the Government imposed temporary export restrictions in October 2018 to shore-up national availabilities. The depreciation of the local currency in late 2018 and, to a lesser extent, a diminished production outlook for the 2019 cereal crops exerted further upward pressure on prices.

Region: Southern Africa