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The Russian ban on Turkish goods turns out to be a boon for Georgian consumers. As Turkey is shifting its surpluses to the Georgian market, the prices of fruits and veggies are plummeting.
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Retail food prices, as measured by ISET-PI’s FPI, show 3.4% increase y-o-y (that is compared to the January 2015) and 2.6% increase from the previous month (that is when January 2016 is compared to December 2015). Compared to the previous month the biggest rise in price happened for eggplant (33.3%), tomatoes (20.8%) and tangerines (14.3%).
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On December 29, 2015, APRC representatives attended a presentation of the strategy on Food Security (FS) prepared by the working group on food security chaired by the Ministry of Agriculture (MoA) with the support of OXFAM.
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The concept of food security (FS) is holistic and brings together the notions of the availability of sufficient amounts of food, access to food, food utilization (including nutrition aspects) and stability in the food supply.
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Retail food prices, as measured by ISET-PI’s FPI, increased by 0.4% in early December compared to mid-November. Prices are also up 2.2% year-on-year (y-o-y, that is compared to the December 2014). The largest increases were registered for eggplants (up 76%), cucumbers (52.1%) and greens (16.2%).