Highlights
In October 2015, the prices of wheat and wheat flour recorded an increase of 3% each compared to the previous month.
Unlike staple cereal, most non‐cereal food commodities registered a price decrease compared to the previous month.
The general inflation based on Consumer Price Index (CPI), increased by 1.6% on a year‐on‐year (YoY basis) in October 2015.
The headline as well as food inflation, based on the Consumer Price Index (CPI), increased by 5.8% and 5.2% respectively on a YoY basis, while the CPI for food on a YoY basis increased by 0.5%.
Estimates for global wheat supply as well as production recorded a decrease; on the other hand, the global wheat prices registered increases.
Increase in the price of wheat flour caused a deterioration in the purchasing capacity of the daily wage earners.