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Prices of the Angolan basic food basket decreased due to the Strategic Food Reserve

The Angolan Strategic Food Reserve (REA) has contributed "directly and notably" to the "reduction and stabilization" of the prices of basic food basket products in Angola, despite this phenomenon "not yet being widely felt" by Angolans.

Afrosondagem's study on the impact of the REA on the behavior of basic food basket products in Angola, carried out between March 2022 and March 2023, indicates that prices have "reduced significantly" since its implementation on December 22, 2021.

Wholesale prices have fallen 29%, and retail prices have also dropped 31%, "representing a significant gain for the household budget.

Rice, corn, soy, sugar . . .

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