Pakistan Market Price Bulletin, April 2018
In March 2018, the prices of wheat and wheat flour both decreased by 0.2% and 0.6%, respectively, over February 2018; the price of rice Irri-6 remained unchanged, while the price of rice Basmati increased by 0.4% in March 2018 when compared to the previous month;
Headline inflation based on the Consumer Price Index (CPI) increased in March 2018 by 0.31% over February 2018 and increased by 3.25% over March 2017;
The prices of staple cereals and most of non-cereal food commodities in March 2018 experienced negligible to slight fluctuations when compared to the previous month’s prices;
In March 2018, the average ToT negligibly increased by 0.6% from previous month;
In April 2018, the total global wheat production for 2017/18 is projected at 759.75 million MT, showing an increase of 0.96 million MT compared to the projection made last month.