Page 10 - Food Prices

Retail prices of pulses on declining trend: Food Secretary Pandey

Retail prices of pulses are showing a declining trend after the government's interventions, Union Food Secretary Sudhanshu Pandey said on Monday.

The current 'inflation' is a mystery. FinMin, RBI must tread carefully

At a time of declining incomes, people don't have money. So they do not buy. If they don't buy, prices must fall, not increase. What, then, explains the inflation? T C A Srinivasa Raghavan explores

Retail inflation for industrial workers rises marginally to 5.24 pc in May

Retail inflation for industrial workers rose marginally to 5.24 per cent in May 2021 from 5.14 per cent in April mainly due to increase in prices of certain food items and petroleum products, as well as higher mobile phone charges. "Year-on-year inflation for the month (of May) stood at 5.24 per cent compared to 5.14 per cent for the previous month (April 2021) and 5.10 per cent during the corresponding month (May 2020) a year before," a labour ministry statement said. Similarly, it stated that food inflation stood at 5.26 per cent last month against 4.78 per cent in April 2021 and 5.88 per cent in the corresponding month a year ago. The Labour Bureau, an attached office of the Ministry of Labour & Employment, has been compiling the Consumer Price Index for Industrial Workers (CPI-IW) every month on the basis of retail prices collected from 317 markets spread over 88 industrially important centres in the country. The index is compiled for 88 centres and All-India and is released ..

How pulses and edible oil could exacerbate the pain on the inflation front

A mix of short- and long-term policies to contain price rise in these two commodities while keeping an eye on the interest of the cultivator could be the balm India is looking for

Wholesale price index makeover on the cards, base year to be 2017-18

Green tea, sanitisers among items in bigger basket

World food price index rises in March for 10th month running: FAO

World food prices rose for a 10th consecutive month in March, hitting their highest level since June 2014, led by jumps in vegetable oils, meat and dairy indices, the United Nations food agency said

Price hikes likely in consumer durables in March-April due to strong uptick

With a strong uptick in commodity prices, there exists a possibility of price hikes in consumer durables towards the end of March or beginning of April, as per Motilal Oswal Institutional Equities

Dealing with cost-push inflation

At present, an important reason for the large leeway around the inflation target lies in the behaviour of the prices of oil and food, which can push prices more generally

WPI inflation spikes to a 27-month high in Feb owing to costlier food, fuel

Wholesale inflation rose to 4.17% in February as against 2.03% in the previous month

WPI inflation rises to 4.17% in February on costlier food, fuel, power

After witnessing months of softening of prices, the food articles in February saw 1.36 per cent inflation. In January it was (-) 2.80 per cent

Retail inflation jumps to 3-month high of 5.03% amid rise in fuel prices

Food inflation rose to 3.87 per cent from 3.11 per cent over this period.

Inflation is already creeping into some corners of the world economy

Hawks say that pockets of inflation today will turn into across-the-board price increases tomorrow, with stimulus providing the fuel

India's retail inflation probably rose in Feb as fuel, food prices went up

The March 5-9 poll of over 50 economists showed retail inflation climbed to 4.83% in February from January's 4.06%

Retail inflation for industrial worker eases to 3.15% in January

Retail inflation for industrial workers eased to 3.15 per cent in January against 7.49 per cent in the same month last year, mainly due to lower prices of certain food items

Retail inflation for farm and rural workers eases in January

The easing was mainly due to lower prices of certain food items

Retail inflation for farm, rural workers eases in Dec on lower food prices

Retail inflation for farm and rural workers eased to 3.25 per cent and 3.34 per cent, respectively

India's December wholesale inflation slows to 1.22% as food prices ease

The wholesale price-based inflation slowed to 1.22 per cent in December on easing food prices, as per government data released on Thursday

As food prices ease, wholesale inflation comes down to 1.22% in December

India's wholesale price based inflation eased to 1.22% in December from a year earlier, helped mainly by a lower increase in food prices

India's retail inflation in Dec likely fell to within RBI target: Report

India's retail inflation likely fell sharply in December, landing within the Reserve Bank of India's target range, due to a significant drop in vegetable and food prices, a report said

November WPI inflation at nine-month high even as food prices moderate

Onion, which bore the brunt of rising inflation rate in recent months, saw deflation or fall in prices in November at 7.58%