Page 11 - Food Inflation

Is India ahead of 'unacceptably and uncomfortably high' phase of inflation?

The state of the economy report authored by RBI staff said the fall in the inflation rate in July was a heartening development

WPI inflation eases to 5-month low of 13.93% in July; food prices soften

India's wholesale price inflation in July eased to lowest in five months at 13.93 per cent against 15.18 per cent in June

Global food inflation eases, but uncertain crops slow wider relief

Crop futures have retreated to pre-war levels, and the UN's monthly measure of food prices sank the most since 2008

'Heat wave also pushed food inflation; expect CPI to come at 6.8% in FY23'

The heat wave in early 2022 was the key domestic factor responsible for pushing up food prices this year, a Crisil Ratings arm said on Monday.

Monsoon woes: Is India staring at higher food price-led inflation?

However, if monsoon progress in August and is geographically more even, Nomura believes Kharif sowing could still pick up going ahead, which in turn could keep food prices and inflation under check.

Spices to soaps: Prices of consumer items have spiked up to 32% in a year

There has been a double-digit year-on-year increase in the prices of most spices, with branded coriander costing 16.9 per cent more in June this year than a year ago

Eating out? Be prepared to shell out more as restaurants hike rates

High food inflation forces restaurants to hike prices; ban on service charge will likely lead to further increases in the prices of dishes on the menu

Retail inflation marginally eases to 7.01% in June; IIP grows 19.6% in May

CPI inflation stays well above the Reserve Bank of India's tolerance limit for sixth consecutive month

Sri Lanka Prez Rajapaksa tries to flee but airport staff block his exit

Sri Lankan President Gotabaya Rajapaksa, who is due to resign from his post on Wednesday, was stopped from fleeing the crisis-hit nation as airport immigration staff blocked his exit

Farm to Fork: High prices of food staples a boon for farmers in India

The first of a four-part series highlights the impact of rising food prices on farmers' income

Will easing farm commodity prices provide room to RBI to pause rate hikes?

While the govt has introduced windfall tax and export curbs to arrest runaway prices, a lot depends on how the monsoon pans out this season

Plenty of gaps in food inflation control measures, complain industry bodies

They say some measures have spawned malpractices on the part of exporters, others have been partial to a certain section of traders

Higher margins could push farm exports to FY22 level despite ban: experts

Actual agriculture exports in FY22 were $47.41 billion, up almost 19% over FY21. This was among the highest ever agriculture exports in value terms by India

Top Headlines: India's tough talk at WTO, IPL media rights auction & more

Piyush Goyal in his remarks at the WTO ministerial meet talked about the spiralling food inflation and the need for the agreement on food stockholding

FY22 agri inflation at six-year high, but did farmers reap full benefit?

Though Indian farmers may have gained from higher than usual inflation in crop prices, they have also had to pay more for their inputs and other items of consumption and service

PMI: Service activity touches 11-year high of 58.9 in May on strong demand

Overall demand rose at the fastest pace since July 2011 as economic activity continued to normalise with the lifting of pandemic restrictions

Ashoka University develops Daily Food Price Index to track food inflation

Ashoka University has developed a first-of-its kind Daily Food Price Index (DFPI) to track inflation in retail and wholesale food markets on a real time basis, officials said on Thursday. The existing Consumer Price Index (CPI) and Wholesale Price Index (WPI) are released on a monthly and yearly basis. "The recent surge in food prices due to factors like the COVID-19 pandemic and ongoing conflict in Ukraine reflect the rapidity with which situations that affect the economy can develop. In this context, having access to more real-time data can facilitate timely market interventions and decisions related to price regulation," said Ashwini Deshpande, Director, Centre for Economic Data & Analysis (CEDA) at Ashoka University. "A delay in publication of data, and subsequent delay in policymaking, often carries a cost. Thus, the DFPI developed by CEDA would be a great public resource for policymakers, researchers and journalists," she added. Deshpande explained that CEDA's Daily Food ...

Food inflation is manageable, people won't feel pain: Piyush Goyal

Tells India Inc to focus on value-added exports, ensure jobs come into the country

World Economic Forum: Overall food inflation is manageable, Piyush Goyal

Speaking at the World Economic Forum in Davos, Goyal also said that India was producing enough wheat for domestic consumption

India's export ban fallout: International wheat prices hit record high

The price, which was already high in the wake of Russia's invasion of major wheat exporter Ukraine, jumped to €435 ($453) per tonne as the European market opened