Oil (vegetable) in Ngozi
Ngozi, Burundi · BIF per KG · retail
Normal August 2026: 4% below the usual level for that time of year.
Prices up to August 2026 (WFP publishes with a delay). Forecast made October 2026. How often past forecasts were right.
November 2026: 80 % range
14,542–19,919BIF per KG. 8 in 10 chance the price falls in this range.
January 2027: 80 % range
13,730–21,074BIF per KG. Wider: 3 months ahead.
Chance of a spike, November 2026
8%Warnings of new spikes have no proven skill yet.
In August 2026 the price was 4% below the usual level for that time of year (normal). It rose 14% over the 3 months before. For cooking oil, across 137 markets in Burundi, the median price fell 3% over those 3 months. November 2026: most likely between 14,542 and 19,919 BIF/KG (8 in 10 chance). January 2027: most likely between 13,730 and 21,074 BIF/KG (8 in 10 chance). Chance of a spike in November 2026 (price well above the usual level for the season): 8%. Warnings of new spikes have no proven skill yet (track record 2023-2026).
Prices and forecast
- Observed price
- Most likely (forecast)
- 80 % range
- 95 % range
- Usual level for the season
BIF per KG. Last 2 years and the forecast; the full history is in the table below. The shaded area covers the estimates of the last two months and the forecasts; the fan starts at the last observed price. The 95 % range goes above the top of the chart (up to 29,832); see the table.
| Month | 80 % range | Most likely | 95 % range | Usual level for the season | Chance of a spike |
|---|---|---|---|---|---|
| Sept 2026 Estimate (last month) | 14,738–17,994 | 16,035 | 13,078–18,946 | 17,537 | – |
| Oct 2026 Estimate (this month) | 14,502–18,990 | 16,317 | 12,409–22,421 | 18,259 | – |
| Nov 2026 Next month | 14,542–19,919 | 16,012 | 12,234–25,356 | 17,954 | 8% |
| Dec 2026 In 2 months | 14,375–20,299 | 16,043 | 11,894–25,528 | 18,445 | – |
| Jan 2027 In 3 months | 13,730–21,074 | 16,054 | 11,555–29,832 | 18,349 | – |
Price history (86 months, latest first)
| Month | Price | Note |
|---|---|---|
| Aug 2026 | 17,000 | |
| Jun 2026 | 12,625 | |
| May 2026 | 14,902 | |
| Apr 2026 | 15,700 | |
| Mar 2026 | 15,817 | |
| Feb 2026 | 15,643 | |
| Jan 2026 | 16,255 | |
| Dec 2025 | 16,611 | |
| Nov 2025 | 15,109 | |
| Oct 2025 | 16,812 | |
| Sept 2025 | 16,281 | |
| Aug 2025 | 17,667 | |
| Jul 2025 | 17,000 | |
| Jun 2025 | 16,511 | |
| May 2025 | 15,952 | |
| Apr 2025 | 17,272 | |
| Mar 2025 | 16,529 | |
| Feb 2025 | 15,655 | |
| Jan 2025 | 14,324 | |
| Dec 2024 | 13,891 | |
| Nov 2024 | 14,944 | |
| Oct 2024 | 14,098 | |
| Sept 2024 | 12,537 | |
| Aug 2024 | 12,625 | |
| Jul 2024 | 11,833 | |
| Jun 2024 | 11,464 | |
| May 2024 | 9,688 | |
| Apr 2024 | 10,333 | |
| Mar 2024 | 10,667 | |
| Feb 2024 | 10,083 | |
| Jan 2024 | 9,667 | |
| Dec 2023 | 10,000 | |
| Nov 2023 | 8,792 | |
| Oct 2023 | 9,042 | |
| Sept 2023 | 9,833 | |
| Aug 2023 | 9,250 | |
| Jul 2023 | 8,917 | |
| Jun 2023 | 9,250 | |
| May 2023 | 8,875 | |
| Apr 2023 | 8,500 | |
| Mar 2023 | 8,833 | |
| Feb 2023 | 8,761 | |
| Dec 2022 | 8,386 | |
| Nov 2022 | 8,574 | |
| Oct 2022 | 8,958 | |
| Sept 2022 | 8,333 | |
| Aug 2022 | 8,333 | |
| May 2022 | 8,078 | |
| Apr 2022 | 8,000 | |
| Mar 2022 | 7,862 | |
| Feb 2022 | 8,344 | |
| Jan 2022 | 7,000 | |
| May 2021 | 6,000 | |
| Apr 2021 | 6,194 | |
| Mar 2021 | 6,639 | |
| Feb 2021 | 6,306 | |
| Jan 2021 | 5,667 | |
| Dec 2020 | 5,450 | |
| Nov 2020 | 5,417 | |
| Oct 2020 | 5,600 | |
| Sept 2020 | 5,078 | |
| Aug 2020 | 5,080 | |
| Jul 2020 | 4,616 | |
| Jun 2020 | 4,781 | |
| Mar 2020 | 5,083 | |
| Feb 2020 | 4,667 | |
| Jan 2020 | 4,400 | |
| Dec 2019 | 4,367 | |
| Nov 2019 | 4,400 | |
| Oct 2019 | 4,400 | |
| Sept 2019 | 4,200 | |
| Aug 2019 | 4,400 | |
| Jul 2019 | 4,300 | |
| Jun 2019 | 4,167 | |
| May 2019 | 4,333 | |
| Mar 2019 | 5,100 | |
| Feb 2019 | 4,500 | |
| Jan 2019 | 5,300 | |
| Dec 2018 | 5,625 | |
| Nov 2018 | 5,286 | |
| Oct 2018 | 5,100 | |
| Sept 2018 | 5,100 | |
| Aug 2018 | 5,400 | |
| Jul 2018 | 4,667 | |
| Jun 2018 | 4,917 | |
| May 2018 | 4,900 |
Track record in Burundi
How past forecasts for Burundi did in a test on earlier data (backtest). Full track record.
| Horizon | 80 % range held ideal 80 % | 95 % range held ideal 95 % | Typical error | Warnings of new spikes | Cases |
|---|---|---|---|---|---|
| Estimate (last month) | 79% | 94% | 6% | better than the base rate | 16,758 |
| Estimate (this month) | 78% | 94% | 9% | better than the base rate | 16,545 |
| Next month | 76% | 93% | 11% | better than the base rate | 16,316 |
| In 2 months | 74% | 93% | 14% | no better than the base rate | 16,060 |
| In 3 months | 73% | 92% | 17% | worse than the base rate | 15,769 |
Last observed: August 2026. Series id: burundi-206-96-retail-kg.