WFP’s Market Functionality Index (MFI) is a quantitative measure of the functioning of markets based on a trader survey. It is designed to provide insights into the feasibility of market-based interventions. The MFI assigns the marketplace a score across different dimensions between zero (low functionality) and ten (high functionality) that can be interpreted consistently across time and locations.
• WFP RAM & Retail Units conducted a nationwide survey of 982 retailers between November 1 and November 15.
• Reduced version of the index, composed of four dimensions:
• The assortment dimension in the reduced version indicates which classes of essential goods can be purchased in a marketplace.
• The availability dimension tracks any scarcity or risk of runout.
• The price dimension assesses price trends and predictability.
• The resilience dimension evaluates both shock responsiveness through lead time of deliveries and vulnerability of supply chains through stock coverage.
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Scope
National
Intervention Sectors
Food & Nutrition
Date
Countries
Lebanon