H i g h l i g h t s
In February 2017, the average retail price of wheat and wheat flour negligibly increased by 0.7% and 0.1%, respectively;
Headline inflation based on the Consumer Price Index (CPI) negligibly increased by 0.3% from the previous month (January 2017), whereas it has increased by 4.2% for the same month last year (February 2016);
There were slight to significant fluctuations in the prices of non‐cereal food commodities compared to the previous month; the price of eggs decreased significantly by 13% and the price of live chicken increased by 8.3%;
In February 2017, the average ToT decreased negligibly from the previous month;
In March 2017, the total global wheat production for 2016‐2017 is projected at 751.1 million MT, showing an increase of 2.8 million MT compared to the projection made last month.