Food Inflation

President Trump's tariff plan risks upending trade, stoking food inflation

Mexico, Canada and China account for about half of all American agriculture exports, and the US has become increasingly reliant on its two neighbours for fruit and vegetables

Budget 2025-26: Business as usual for farm, food, and petrol subsidies

The food subsidy for FY26 was estimated at Rs 2,03,420 crore, which is 3.04 per cent higher than the RE for FY25 but 0.9 per cent lower than the BE for FY25

RBI MPC member bats for two inflation rates for better policy making

RBI Monetary Policy Committee member Nagesh Kumar has suggested that there should be two inflation rates - one including food prices and the other without food prices - so that relevant rates could be taken into account for policy making. Chief Economic Advisor V Anantha Nageswaran in the Economic Survey 2023-24 had pitched for excluding food inflation from the rate setting calls, saying that the monetary policy has no bearing on the prices of food items, which are dictated by supply side pressures. "I think there is a healthy debate on what should be the target, whether overall headline inflation rate or inflation rate excluding the food products, which are, you know, very seriously affected by seasonal demand, supply mismatch," Kumar told PTI while responding to a question on suggestions made in the Economic Survey for excluding food inflation while setting benchmark interest rates. The weightage of food in the overall consumer price inflation, which stands at 46 per cent, was don

Growth set to rebound, food inflation needs monitoring: RBI report

Banks reluctant to lend in money markets amid tight liquidity conditions

Behind the freebies frenzy: India's wage stagnation and rising inequality

The appeal of freebies becomes clear in the backdrop of economic distress, highlighting the financial struggles of the lower middle class and the poor in India

Year in Review: How inflation pinched pockets of Indian households in 2024

Indian households grappled with soaring prices in 2024 as inflation strained budgets and reduced purchasing power. High inflation rate cut into savings and curbed discretionary spending of consumers

RaGa visits Delhi market, interacts with vendors over rising food prices

Congress leader Rahul Gandhi spoke to people at a neighbourhood market in Delhi on how the price of items, like garlic, peas, etc are straining household budgets

Food inflation continues to play spoilsport for FMCG sector: Kantar report

The per household average spend in the urban market recorded a 13% jump in a year to reach Rs 6,761 this Oct quarter

Policy rates have limited impact on food prices: MPC external members

December marked the second policy review meeting for the external members, who have a fixed four-year term

Green shoots seen on consumption, food inflation likely to fall: Ficci Prez

"Green shoots" are visible on the consumption front as food inflation has started receding, newly appointed FICCI President Harsha V Agarwal said. Food inflation is expected to come down to its normal level in the next two quarters, Agarwal said, adding that he is hopeful for a revival in consumption growth, aided by a good crop and increased spending by the government on the big-ticket infra projects and rural schemes in the December quarter. Government spending in the right areas -- like increase in capex and ramping up infrastructure, rather than focusing on revenue expenditure -- is helping the overall economy, he said. "We are seeing some green shoots where we believe food inflation is coming down... it has to come back to normal. It might take maybe one quarter or so. But we are seeing situations where it is improving, and hence we are hopeful that consumption should increase," Agarwal told PTI. Government spending in the September quarter was low due to the general elections

Food inflation in policy formulation a complex issue: EAC-PM member Shah

In July, Chief Economic Advisor V Anantha Nageswaran pitched for excluding food inflation from policy formulation which set it a fierce debate in policy circles with RBI resisting any such move

India GDP growth hits 7-quarter low of 5.4% in Q2 amid manufacturing slump

The Q2FY25 growth in manufacturing slowed to 2.2 per cent, significantly below the 7 per cent recorded in Q1 and 14.3 per cent a year earlier

As inflation pinches, govt mulls reducing food weighting in CPI. Here's why

The govt is exploring a reduction in food's weight in the Consumer Price Index to reflect changing consumption patterns and manage inflation, as food prices remain volatile and seasonally driven

Bumper kharif harvest likely to lower food inflation: FinMin report

Consumer price inflation rose to 6.2% in October, primarily driven by inflation in a few vegetables, oil, and fats

Govt expects food inflation to slow in coming months on bumper crop harvest

A favorable monsoon, adequate reservoir levels and higher minimum support prices are likely to boost winter crop sowing and production

Unchecked inflation can hurt real economy prospects, says RBI report

Inflation pressure, if unchecked, could undermine prospects of real economy

Food inflation to recede, expect double-digit revenue growth in H2: Marico

FMCG major Marico is looking for double-digit growth in the second half of FY25 and expects the prevailing high food inflation to moderate in the next two quarters, which will help revive urban consumption, its MD & CEO Saugata Gupta said. The company, which has already gone for a price hike for its Saffola range, expects a similar action from other FMCG players as prices of raw materials such as coffee, cocoa, and palm oil have gone up. "In the sector, there will be some price increases. If you look at some other input costs for other players, there has been a globally significant increase in the prices of coffee, and cocoa, So there is a little bit of inflation situation and now you are seeing a significant increase in palm oil prices. "So across the sector, there will be some price increase," Gupta told PTI. However, he also pointed out that most of the big-scale FMCG manufacturers would try to absorb a portion of the increase in the commodity prices through various cost ...

HUL, Asian Paints: Consumption-related stocks take a hit as inflation bites

Higher inflation and lower purchasing by consumers, it seems, has taken a bite out of consumption-related stocks at the bourses, with most counters losing ground in the last few months

Use of food inflation in setting rate flawed; RBI should slash it: Goyal

Union Commerce Minister Piyush Goyal on Thursday said the Reserve Bank of India (RBI) should cut interest rates and give an impetus to growth. Using food inflation, which restricted the RBI from any rate action for two years in the rate setting is a "flawed theory", the Chartered Accountant-turned-politician said at an event hosted by CNBC TV18. "I certainly believe they should cut interest rates, growth needs a further impetus. We are the fastest growing economy in the world, we can do even better," Goyal said. Speaking at the same event later, RBI Governor Shaktikanta Das declined to comment on the senior minister's suggestion, saying that the six-member rate setting panel will take the appropriate call at its next meeting scheduled in December first week. Goyal's demands found a resonance in finance industry veteran Deepak Parekh, who advocated that the RBI cut both its repo rate and consider the cash reserve ratio (CRR). Chief Economic Advisor G Anantha Nageswaran had made the

How the humble onion retains its political hegemony when it acts pricey

The onion can sometimes unpeel the political careers of even the most battle-hardened leaders