Asia Pacific Food Price and Policy Monitor, May 2016 - Issue 29

HIGHLIGHTS

  • The pace of general and food inflation in the region remained strong in April, rising by 3.8 percent and 7.2 percent, respectively, compared to the same month last year.

  • The Government of India imposed limits on sugar stocks because of rising prices, as sugar prices increased 9.1 percent in April.

  • Wholesale rice prices in Thailand (25 percent broken rice) increased 1.2 percent month on month but were up 7.6 percent year on year.

  • The Government of Bangladesh will buy 700 000 tonnes of paddy directly from farmers as the price continued to decrease.

  • Indonesia, Malaysia and Thailand have been compelled to reduce their rubber exports through August 2016 because of oversupply and weak demand.