Pakistan Market Price Bulletin, May 2013

Highlights

• Projections so far indicate a bumper wheat harvest in Pakistan for 2013, and a marginal decline was noticed in the wheat prices in April.

• In April, general inflation, based on Consumer Price Index (CPI), increased by 5.8% on a year-on-year basis compared to 6.6% in the previous month.

• Some fluctuations were observed in prices of essential non-cereal food commodities.

• Record global wheat production expected in 2013-14, which resulted in some decline in international prices.

• Petroleum product prices remained unchanged in April.

• A decrease in wheat flour prices caused a slight improvement in the Terms of Trade (ToT) of low income households.