The market indicators to monitor will depend on the modality chosen to deliver the project. In terms of CTP, you may want to monitor the following: For any type of modality: HH access (physical, social, financial) to market to purchase key commodities. Availability, price and quality of key commodities within different type of markets (source markets, central markets, etc.) dynamic in between traders (cartel, etc.) When cash grants or value voucher are used: Price of the commodities used to determine the grant/value voucher amount. When commodity voucher are used: Availability and price of the goods covered by the voucher for beneficiaries and non beneficiaries. Presence of traders not involved in the voucher scheme When the project uses Cash for Work approach: Beneficiaries dropping out of lower paying but more sustainable work for inclusion in the CFW/FFW Availability of workers for traditional daily labour employers rate of unskilled labour Process and output indicators: Key commodities (by type) with sufficient availability in local markets Key commodities (by type) available in the local market that are judged of sufficient quality by project staff The types and numbers of marketplaces to monitor depends on the size of the programme and if it has been identified as high risk or low risk. It is important to consider the following: Different commodities may have different source markets. In border areas, the nearest source market may be in the neighbouring country. When selecting the marketplaces from which to collect data, consider market integration and prioritise marketplaces that have been identified as the least well integrated in the market baseline. When monitoring prices, price data on fuel or transportation, which can impact the overall price of goods, can also be considered. It is important to standardise weight and measurements, to ensure you can actually compare the price of goods in the quantity that beneficiaries buy. If there is cross-border trade, then exchange rates need to be taken into account. Price Monitoring Market monitoring should include as a strict minimum price monitoring. Below are some guiding principles for price monitoring: Ensure consistency. When collecting prices make sure they refer to the same units of measurement. Items need to have the same characteristics, quality, variety, etc. Ideally visit the
The market indicators to monitor will depend on the modality chosen to deliver the project. In terms of CTP, you may want to monitor the following: For any type of modality: HH access (physical, social, financial) to market to purchase key commodities. Availability, price and quality of key commodities within different type of markets (source markets, central markets, etc.) dynamic in between traders (cartel, etc.) When cash grants or value voucher are used: Price of the commodities used to determine the grant/value voucher amount. When commodity voucher are used: Availability and price of the goods covered by the voucher for beneficiaries and non beneficiaries. Presence of traders not involved in the voucher scheme When the project uses Cash for Work approach: Beneficiaries dropping out of lower paying but more sustainable work for inclusion in the CFW/FFW Availability of workers for traditional daily labour employers rate of unskilled labour Process and output indicators: Key commodities (by type) with sufficient availability in local markets Key commodities (by type) available in the local market that are judged of sufficient quality by project staff The types and numbers of marketplaces to monitor depends on the size of the programme and if it has been identified as high risk or low risk. It is important to consider the following: Different commodities may have different source markets. In border areas, the nearest source market may be in the neighbouring country. When selecting the marketplaces from which to collect data, consider market integration and prioritise marketplaces that have been identified as the least well integrated in the market baseline. When monitoring prices, price data on fuel or transportation, which can impact the overall price of goods, can also be considered. It is important to standardise weight and measurements, to ensure you can actually compare the price of goods in the quantity that beneficiaries buy. If there is cross-border trade, then exchange rates need to be taken into account. Price Monitoring Market monitoring should include as a strict minimum price monitoring. Below are some guiding principles for price monitoring: Ensure consistency. When collecting prices make sure they refer to the same units of measurement. Items need to have the same characteristics, quality, variety, etc. Ideally visit the