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Algerians face a sharp increase in prices during Ramadan, keeping basic foodstuffs away from the reach of ordinary people. Prices were ruling high for quite some time in the North African country mainly influenced by the impact of the Covid-19 pandemic and the onslaught of the Russian-Ukraine war
Algerians face a sharp increase in prices during Ramadan, keeping basic foodstuffs away from the reach of ordinary people. Prices were ruling high for quite some time in the North African country mainly influenced by the impact of the Covid-19 pandemic and the onslaught of the Russian-Ukraine war. During Ramadan, prices rose further because of the excessive demand pick-up. There are also acute shortages of vegetable oil, semolina, and various food products in the country, which are in heavy demand during Ramadan days.
According to the Statistics Authority of the Algerian Ministry of Finance, prices of agricultural products increased by 3.2% and food products by 2% in February. Meat and chicken prices increased by 19% and vegetable and fruit prices increased by 8.2% compared to the previous month. The increase in food prices compared to the same month last year was 9%.
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The government had recently announced that it would import fresh meat from Sudan and live cattle from Brazil to address the high prices. But such efforts did not meet with success in cooling the prices. More than 5,000 live cattle from Brazil have been imported to meet the excessive demand. Cattle were also imported from Mali and Niger. The government held stockists responsible for the unavailability of food products subsidized by the state in the market.
