Prices of wheat flour increased and were at all-time high levels in October. As the country is largely dependent on wheat imports to satisfy its domestic consumption requirement, domestic prices are susceptible to trends in the international market. The high level of domestic prices is due to significantly elevated quotations for wheat from Canada and the United States of America, the country’s key suppliers. According to the latest official estimates, the annual inflation rate of food and non-alcoholic beverages was 27 percent in October 2022.