Source: Food and Agriculture Organization
Country: Afghanistan, Australia, Bangladesh, Cambodia, China, India, Indonesia, Myanmar, Nepal, Pakistan, Philippines, Sri Lanka, Viet Nam, World
Highlights
- In July, the pace of general and food inflation in the region has continued to slow over the previous month to a rate of 2.5 percent and 2.4 percent respectively over the previous year.
- In India, prices for pulses have been gradually increasing since one year ago because of a sharp decline in production resulting from unfavourable rainfall.
- Rice prices in Indonesia were 7.2 percent higher than a month ago because of dry weather.
- In Myanmar, floods caused by Cyclone Komen damaged nearly 270 000 hectares (667 221 acres) of planted crops have been destroyed disrupting planting of the main rice crop that accounts for the bulk of annual production.
- China will begin buying 1 million tonnes of rice from Thailand in September as part a 2 million tonne governmentto-government agreement.