Yemen Market Report: WASH Costs Decrease in AA Areas, Remain Stable in GOY

The Yemen Joint Market Monitoring Initiative (JMMI) reports on the fluctuating prices of essential items, including WASH components and cooking gas, in Yemen's AA and GOY areas, which has significant implications for the humanitarian crisis and aid efforts in the country. The JMMI's market monitoring provides crucial data for informing aid delivery and ensuring accessibility and affordability of essential items for vulnerable populations." This description focuses on the primary topic of market price fluctuations, the main entity of the JMMI, the context of the humanitarian crisis in Yemen, and the significant implications for aid efforts. It also provides objective and relevant details that will help an AI generate an accurate visual representation of the article's content, such as images of marketplaces, essential items, and vulnerable populations.

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Yemen Market Report: WASH Costs Decrease in AA Areas, Remain Stable in GOY

Yemen Market Report: WASH Costs Decrease in AA Areas, Remain Stable in GOY

The Yemen Joint Market Monitoring Initiative (JMMI) reported that between February 11-15, 2024, the median cost of WASH (Water, Sanitation, and Hygiene) components in the Minimum Expenditure Basket (MEB) decreased in AA areas while remaining stable in GOY areas. The report also noted that cooking gas prices slightly increased in GOY areas but remained stable in AA areas since September 2023.

Why this matters: The fluctuations in WASH and cooking gas prices have significant implications for the humanitarian crisis in Yemen, affecting the accessibility and affordability of essential items for vulnerable populations. Accurate market monitoring is crucial for informing aid efforts and ensuring effective delivery of assistance to those in need.

According to the JMMI findings, the median cost of WASH components in the MEB has increased in GOY areas compared to the last MEB revision in September 2022. The slight increase in the median price of one cylinder of cooking gas in GOY areas was attributed to the rise in prices at commercial stations.

The JMMI, led by REACH in collaboration with the WASH Cluster and the Cash and Market Working Group (CMWG) since 2018, aims to support humanitarian actors with the harmonization of market monitoring and to produce information products for evidence-based Cash and Voucher Assistance (CVA) and market-based programming (MBP). The initiative tracks the price and availability of all components of the WASH and food MEB, as well as other food and non-food items.

Data collection for the latest JMMI report was conducted in 122 markets between February 11-15, 2024. However, capacity constraints limited data collection to only 6 districts in December 2023. The report serves as an important tool for humanitarian organizations to assess the accessibility and affordability of essential items in Yemen's markets.

The JMMI report provides valuable insights into the fluctuations of WASH and cooking gas prices in Yemen's AA and GOY areas. The decrease in WASH costs in AA areas and the stability of prices in GOY areas, despite a slight increase in cooking gas prices, highlight the varying market dynamics in different regions of the country. As the humanitarian crisis in Yemen persists, the JMMI's continued <a href="https://reliefweb.int/report/yemen/yemen-joint-market-monitoring-initiative-february-2024" target="_blank" rel="noopener noreferrer">monitoring of market prices remains crucial for informing aid efforts and ensuring the effective delivery of assistance to those in need.

Key Takeaways

  • WASH component prices decreased in AA areas, remained stable in GOY areas.
  • Cooking gas prices slightly increased in GOY areas, stable in AA areas.
  • Price fluctuations affect accessibility and affordability of essential items.
  • JMMI monitors market prices to inform aid efforts and ensure effective assistance.
  • Data collection conducted in 122 markets between February 11-15, 2024.