MONROVIA, Liberia — The World Food Programme’s June 2026 Liberia: Market Monitoring Bulletin indicates a shift in the country’s market dynamics. Key findings reveal a decrease in rice prices and stability in cassava prices, alongside rising fuel costs. Imported rice prices have seen a 2% monthly decline from May 2026, averaging LRD 2,842 per 25kg.
This drop, which follows a 23% annual decline from June 2025, reflects improved market availability and stable supply conditions, as noted by the WFP. Conversely, cassava prices have remained stable, averaging LRD 1,125 per 25kg, marking a 1% decrease month-on-month and a 12% decrease year-on-year. This stability suggests adequate supplies across monitored markets, bolstering food security.
However, the situation is not without its challenges. Palm oil prices have increased by 1% month-on-month, averaging LRD 1,140 per gallon, due to transportation costs and localized supply constraints.
Meanwhile, gasoline and diesel prices have shown minimal month — on-month change but remain 20% and 31% higher, respectively, than in June 2025, despite some reports of price declines.
The exchange rate has remained stable at around LRD 181 per US dollar, while the Liberian dollar has appreciated by about 8% year-on-year. Daily wage labor rates have also remained stable, with agricultural wages increasing slightly, which combined with lower rice prices has strengthened the purchasing power of casual labor households.
The WFP’s report underscores the importance of continued efforts to ensure the availability and affordability of staple foods in Liberia.
The collaboration between the WFP, the Central Bank of Liberia, and other stakeholders will be crucial in maintaining this positive trend and supporting the country’s economic stability and resilience.
*Additional reporting by ImNews | Sources consulted: 5*
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This original article was produced by the ImNews editorial team
Source: reliefweb
Source: World Food Programme
