Nepal mVAM Market Update 3, July 2021

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WFP produced the third mVAM Market Update in 2021, through phone-based assessment of market situation and process of essential commodities across 24 districts at the end of July/ early August 2021.

The key findings of the Nepal COVID-19 Market Update # 3 are:

  • Retail prices of most food staples were relatively stable, while prices of some vegetables and chicken meat increased, and pulses and fruits decreased slightly. 
  • Markets continued to function well, with observed improvement in availability and supply of goods. Localized scarcity of goods and supply disruptions were observed across Sudurpaschim province. 
  • Demand for food and non-food commodities as well as for labour remained moderate in July 2021. 
  • Overall market situation indicates a gradual improvement in functioning of markets. This is likely a result of the continued easing of  the COVID-19 related restrictions and relatively localized floods and landslides during this year’s monsoon season. However, as uncertainty prevails, market situation remains volatile and can potentially lead to further negative impact on overall food access. Ensuring smooth supply and availability of goods will be critical for price stability and in turn for food access and food security status of vulnerable households.