Market Analysis Unit: Market Price Report - Sagaing Region (January 2024)

Description: 

"The MAU tracks market prices in southern Sagaing Region. Data are collected from three vendors per product per market at the end of each month. The data include prices from Monywa (main market), Myaung (Na Bet), Shwebo (main market), Ye-U (Tin Tein Yan), and Yinmarbin (Yin Paung Taing). Data and product specs are available at www.themimu.info/market-analysis-unit. KEY FINDINGS Prices for rice and pulses rose at least 8% in January, although cooking oil prices fell 6% or more; Vegetable prices fell 9% or more across markets with lower prices for onion, eggplant, and long bean; Meat and fsh price trends varied by market with Myaung and Ye-U experiencing lower prices; Prices for hygiene products were largely stable except in Monywa where prices were generally higher; Most NFI prices increased 3-12% in Monywa, and prices for tarps and other NFIs rose 2-7% across markets; Monywa saw a second month of broad price hikes, although increases this month were more limited to NFIs; Yinmarbin saw notable price stability in January after notable price increases for NFIs in December. Product-Level Price Changes Essential Foods – Prices for rice and pulses rose at least 8% in January, although cooking oil prices fell 6% or more. Prices for rice and pulses increased in three of fve markets monitored, rising at least 8% and 6%, respectively. By contrast, cooking oil prices declined for a second straight month, falling 6% or more across markets. Vegetables – Many vegetable prices fell at least 9%, with lower prices in most markets monitored. Long bean, eggplant, and onion fell in three of fve markets, declining at least 3%, 17%, and 23%, respectively. Prices for green chili fuctuated, while garlic prices rose 4-14%. Prices for watercress were stable. Meat and Fish – Meat and fsh price trends varied by market again in January, with lower prices in Myaung and Ye-U. Meat and fsh prices fell at least 6% in Myaung and at least 13% in YeU. Meat and fsh prices were stable in Shwebo and Yinmarbin, and they fuctuated 12-15% in Monywa. Hygiene Products – Prices for hygiene products were fairly stable in January, except in Monywa where prices rose. Prices for hygiene products rose 3-6% in Monywa, but elsewhere there were few clear trends. Prices for hygiene products fuctuated up to 33% in a few isolated cases but were otherwise mostly unchanged. Prices for hygiene products were stable in Shwebo. Other NFIs – NFI prices rose again in Monywa, and they increased moderately in other markets. Prices for plastic tarps, mosquito nets, longyis, and towels, were up 2-7% in most markets in January. Prices increased 3-12% for all NFIs monitored in Monywa, marking a second straight month of signifcant price hikes there. NFI prices were stable in Yinmarbin, where they rose sharply last month..."

Source/publisher: 

Myanmar Information Management Unit (Myanmar) via "Reliefweb" (New York)

Date of Publication: 

2024-02-23

Date of entry: 

2024-02-24

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar

Language: 

English

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Format: 

pdf

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569.7 KB

Resource Type: 

text

Text quality: 

    • Good