Multiple factors from climate change induced El-Nino drought and La-Nina heavy rains have at different spots affected supply chain – cattle from the north, vegetable from Meqqi and surrounding are cases that caused a sharp hike in price and shortage in supply. Anticipation and later actual delay in transportation, even when the supply stored like the case in Amhara and Oromia regions on the route to the capital caused anxiety of possible price hike and shortages. Limited forex availability too has its own market on items imported. It is in these general setting Fortune visted different market settings and talked to various people from all walks of life to say it’s not as bad as anticipated. Marginal increase is the wider perception of the people who were about to do holiday shopping.
The tradition too is still intact- people still go for new things on New year – save and wait to get basic furniture changed or bought on New year, of course most do that anticipating holiday sales specially on non- consumable.
Different assumptions dicate where are one shops & how.
Many ready for worst shopping scene are not disappointed with what they get slight increase, and fair supply.
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