In January 2017, the price of wheat negligibly decreased by 0.03%, while a negligible increase of 0.1% was registered in price of wheat flour;
Headline inflation based on the Consumer Price Index (CPI) negligibly increased by 0.2% from the previous month (December 2016), whereas it has increased by 3.7% for the same month last year (January 2016);
There were slight to significant fluctuations in the prices of non‐cereal food commodities compared to the previous month, with the price of live chicken and pulse Dal Mash significantly decreased by 7.1% and 6.7%, respectively;
In January 2017, the average Terms of Trade (ToT) decreased negligibly from the previous month;
In February 2017, the total global wheat production for 2016‐2017 is projected at 748.2 million MT,showing a reduction of 4.5 million MT compared to the projection made last month.