Libya Joint Market Monitoring Initiative (JMMI) January 2018
In an effort to better understand market dynamics in Libya, the Joint Market Monitoring Initiative (JMMI) was initiated by the Libya Cash & Markets Working Group (CMWG) in June 2017. The initiative is guided by the CMWG Markets Taskforce, led by REACH and supported by the CMWG members. It is co-funded by OFDA and UNHCR. Markets in key urban areas across Libya are assessed on a monthly basis. In each location, field teams record prices and availability of basic food and nonfood items (NFI) sold in local shops and markets. This factsheet presents an overview of price ranges and medians for key foods and NFIs in the assessed areas. The cleaned data sets are available on the REACH Resource Centre and distributed to CMWG partners, as well as to the broader humanitarian community. In future rounds, the factsheet will include a Minimum Expenditure Basket (MEB), which represents the minimum culturally adjusted group of items required to support a Libyan household for one month. The prices associated with the MEB will illustrate variations in prices across assessed locations. The MEB will be included once it has been agreed upon by all partners.
Data collection for the JMMI occurs on a monthly basis, with associated factsheets and datasets published and distributed after every round. The eighth round of data collection for the JMMI was conducted between 2 and 9 January 2018, during which enumerators from 5 CMWG partners (ACTED, DRC, Mercy Corps, WFP & REACH) gathered price data for 32 basic items from 323 individual shops in 24 locations. Unlike in previous months, no data was collected in Zwara for the January round. Coverage was restored in Murzuq. Field staff familiar with the local market conditions identified shops representative of the general price
ROUND 8 FIGURES 24 assessed cities 323 assessed shops 32 assessed items
EXCHANGE RATES 1.355 USD/LYD
Libya Cash & Markets Working Group ASSESSED LOCATIONS level in their respective location. Assessed shops include supermarkets, bakeries, vegetable sellers and butchers, as well as central markets. At least four prices per assessed item were collected within each location. In line with the purpose of the JMMI, only the price of the cheapest available brand was recorded for each item. Enumerators were trained on methodology and tools by REACH. Data collection was conducted through the KoBo mobile application. Following data collection, REACH compiled and cleaned all partner data, normalising prices and cross-checking outliers.
ANALYSIS Food prices rose by 4.3% Food prices continued to climb upwards for the fourth month in a row. From December to January, food prices rose by 4.3%. The largest increase was observed in Zliten (+16.5%). In the south, food prices rose by 9.5%, while in the east (+1.4%) and west (+4.1%), the increases were more moderate.3 Notable price changes were registered for peppers (+38.9%) and tomatoes (-20.0%), the latter of which were the only monitored food item that saw a decrease in the overall median price from December to January. Sugar (+11.1%), eggs (+10.6%) and lamb meat (+5.6%) prices rose in almost all assessed locations. Other food items showed less fluctuation. Since October, overall food prices have risen by a considerable 19.3%. The increase was the most marked in Ghadamis, where food prices rose by 34.1%. NFI prices rose by 3.2% While NFI prices had remained stable in the previous round, they increased by 3.2% from December to January. In the east (+6.7%) and west (+9.6%), NFI prices moved upward considerably, while in the south a decline of 4.3% was registered. A noteworthly price hike was observed in Al-Kufrah
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