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  • Create Date 10 July 2024
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Monthly Price Survey - July 2024

231-Analytics and Research, Inc.
Monthly Price Survey - Exchange rate and Selected and Basic Commodities
For the Reporting Period Beginning July 2024

Methodology

Our survey teams physically visited businesses in the specific markets of the targeted regions to collect these prices. Cellphone numbers were collected for independent verification.

Prices were collected from at least three businesses for each commodity in each market. In cases where the prices were quoted in USD, the CBL selling rate averaged at L$196 used for the conversion

We analyzed and determined the average price of each commodity or item in each market.

We used the average of each market to determine the average of the zone or region. The actual price in each zone or market may be above or below the average of that

We used the averages of the zones or regions to determine the Weighted National average of each commodity or items.

Given our methodology, 231-Analytics certifies the acurracy of these surveyed prices and their averages across the regions mentioned with a 95% confidence level.