Highlights
In September 2017, the average retail price of wheat and wheat flour increased by 0.5% and 1.3%, respectively; the price of rice Irri‐6 negligibly increased by 0.4% whilst the price of rice Basmati increased by 0.5% from the previous month (August 2017);
Headline inflation based on the Consumer Price Index (CPI) has negligibly increased by 0.75% from August 2017, whereas it slightly increased by 3.98% from the same month last year (September 2016);
There were negligible to significant fluctuations in the prices of non‐cereal food commodities from the previous month;
In September 2017, the average ToT negligibly decreased by 0.3% from the previous month;
In October 2017, the total global wheat production for 2017/18 is projected at 751.19 million MT, showing an increase of 6.34 million MT compared to the projection made last month.