Madagascar grapples with inflation as it bites

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Madagascar grapples with inflation as it bites

STORY: Madagascar grapples with inflation as it bites DATELINE: April 12, 2022 LENGTH: 00:01:02 LOCATION: Antananarivo CATEGORY: ECONOMY/SOCIETY SHOTLIST: various of street view in Antananarivovarious of vendorsSOUNDBITE 1 (Malagasy): JEAN YVES, ButcherSOUNDBITE 2 (Malagasy): FARA, Fishmonger STORYLINE: This island nation of Madagascar has taken a raft of measures to rein in rising inflation due to internal and external factors. The measures included the subsidy made by the Malagasy State on the pump price of fuel and the massive import of rice to cushion the rise in the price of rice in the local market. SOUNDBITE 1 (Malagasy): JEAN YVES, Butcher "Right now, people don't buy meat by kilogram. They purchase it by piece. They took one or two small pieces at most." SOUNDBITE 2 (Malagasy): FARA, Fishmonger "We can clearly see that people's purchasing power is decreasing. I can say that the price has not increased too much. But selling five kilograms of fresh fish seems difficult right now, while

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  • 2022/4/12 00:00:00
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  • Xinhua / Kyodo News Images
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  • Xinhua News Agency.All Rights Reserved
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