Market Report, "Algeria Agribusiness Report Q3 2012", published
BMI View: The expectation for a strong grain harvest in Algeria in 2012/13 has not mitigated concerns over food price inflation, which reached 14% year-on-year (y-o-y) in March. That said, much of this inflation is due to rising prices for meat, legumes and fish; grain price inflation had only approached 6% y-o-y in March. Ultimately, the country's food security is likely to remain fairly stable once the harvest comes online in June. Over the long term, we expect Algeria to...
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