Cereal harvest in Algeria totals 4.9 million tons in 2012-2013 agricultural season, down 90,000 tons year-over-year amid droughts in five provinces, according to news report
October 3, 2013
– Algeria's cereal harvest for the agricultural season 2012-13 totalled 49.1mn quintals (4.91mn tons), about 900,000 quintals less than the previous year, Algerie Presse Service reported. The cereal harvest was affected by droughts in five provinces. Algeria makes-up for shortages of domestic cereal production through imports of soft and durum wheat on the international market, where it is among the world's largest buyers.
In 2012, Algeria's total wheat imports declined 15% in terms of volume from to 6.29mn tons and by 26% in terms of value to USD 2.11bn. The Algerian government has adopted a number of initiatives aimed at achieving self-sufficiency in food production.
Algeria's CPI inflation stood at 5.9% y/y in August 2013. Food prices remain among the key growth engines of the CPI.
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