WFP Palestine Monthly Market Dashboard_March 2023
Post date | Tuesday, 2 May, 2023 - 14:31 |
Month(s) covered | 2023-03 |
Document Type | Monitoring Report |
Content Themes | Markets |
Sources | WFP |
During March, WFP provided critical food assistance to 361,663 Palestinians. Of those, 296,912 received cash-based transfers (CBT) of US$ 3 million; 70,757 people were reached through quarterly in-kind distributions. The e-vouchers injected US$ 3.4 million into the local economy, boosting small businesses and households. The most redeemed items were wheat flour, vegetable oil, and frozen meat.
• WFP continued providing its technical expertise and cash-based transfer (CBT) platform to other humanitarian agencies to facilitate the implementation of their projects. Through this service provision in March, WFP assisted about 675,655 individuals and the redemption of about US$ 9.9 million.
• In March, the Consumer Price Index (CPI) rose by 4.3 per cent compared to the previous year, and wheat flour by 12 per cent. (Palestinian Central Bureau of Statistics) (PCBS).
• In March, the average value of WFP food ration prices in local currency experienced a minor drop of 0.3 per cent compared to the preceding month. Still, it remained higher by 11.3 per cent relative to the previous year.