Algeria: Demonstrations possible due to increase in prices

Event

The 2018 Financial Act, which includes a planned increase in oil prices and is set to come into effect shortly, has already generated a general increase in consumer prices in the country. According to one study, most consumer products should increase in price by 3 to 5 percent in 2018.

This economic context will likely lead to demonstrations throughout the country in the coming days and weeks, although none have been announced for the moment (as of January 3).

Context

Trade in Algeria had increased during the first trimester of 2017, before decreasing in the second half of 2017. According to the national statistics office, this decline in trade is due to shortages and a slight rise in prices. Most wholesalers and retailers blame supply delays, product unavailability, and red tape for the shortages.

Advice

Individuals in Algeria are advised to stay informed of the situation and to avoid any protests.