Food Inflation

Food Inflation News

Worry Side Up: Why the cost of eggs has doubled in the US
World

Worry Side Up: Why the cost of eggs has doubled in the US

The price of eggs in the US has risen significantly — it has gone up from $1.72 in November 2021 to $3.59 in November 2022. An outbreak of bird flu combined with higher fuel and labour costs is the reason for the soaring rates

UK inflation surges to new 40-year high of 10.1% in July on soaring food, energy price
World

UK inflation surges to new 40-year high of 10.1% in July on soaring food, energy price

The Bank of England warned earlier this month that UK inflation would climb to just above 13 per cent this year, which would be the highest level since 1980

India's WPI inflation eases to 13.39% in July 2022, on decline in price of food articles and manufactured products
Business

India's WPI inflation eases to 13.39% in July 2022, on decline in price of food articles and manufactured products

The rate of price rise in vegetables declined substantially to 18.25 per cent in July against 56.75 per cent in the previous month

Narendra Modi and Indian economy: What do the hard facts on repo rate, credit policy, inflation, EMIs say
Opinion

Narendra Modi and Indian economy: What do the hard facts on repo rate, credit policy, inflation, EMIs say

Prime Minister Narendra Modi's government has judiciously combined both welfarism and reforms at a time when the global financial order is seeing cataclysmic changes

UN food price index falls in July for fourth month straight
World

UN food price index falls in July for fourth month straight

FAO said last month's 8.6% decline was the steepest monthly drop in the value of the index since October 2008. Significant drops in the vegetable oil and cereal indexes

After lemons, now tomatoes are burning a hole in pockets: What’s up with India’s food inflation?
Business

After lemons, now tomatoes are burning a hole in pockets: What’s up with India’s food inflation?

There’s no respite from food inflation in India. Now, the prices of tomatoes have shot up, with a 70 per cent jump from last month

Explained: How early monsoon may bring down India’s inflation heat
Business

Explained: How early monsoon may bring down India’s inflation heat

The southwest monsoon arrived three days before its usual date. It has brought a lot of relief with hopes rising that the rains will boost the output of crops, thus checking rising inflation

Inflationary surge is a global phenomenon today, but Modi’s India has done much better than others
Business

Inflationary surge is a global phenomenon today, but Modi’s India has done much better than others

The BJP government has repaired and reinvigorated the Indian economy, with Prime Minister Narendra Modi taking the lead in combining the best of both — welfarism and unrelenting reforms

Why Opposition’s claims on oil price rise are nothing but crude propaganda
World

Why Opposition’s claims on oil price rise are nothing but crude propaganda

Fuel prices have risen not only in India, but elsewhere too. Even if one ignores it, the fact is that state government taxes account for 41.67 per cent of the final petrol price

WPI inflation eases to 12.07% in June as food, crude prices soften
Business

WPI inflation eases to 12.07% in June as food, crude prices soften

Inflation in fuel and power basket eased to 32.83 percent during June, against 37.61 percent in May

India's GDP may turn positive at 1.3% in Dec quarter of FY2020-21: DBS Bank report
India

India's GDP may turn positive at 1.3% in Dec quarter of FY2020-21: DBS Bank report

The government will release the GDP numbers for the October-December quarter of the current fiscal on Friday

WPI-based inflation rises to 2.03% in January on non-food manufactured items, food prices ease
Business

WPI-based inflation rises to 2.03% in January on non-food manufactured items, food prices ease

ICRA principal economist Aditi Nayar said a deeper disinflation in primary food articles helped to cushion the impact of the sharp rise in core inflation, which reached a 27-month high of 5.1 percent in January

Govt releases truncated April WPI inflation data; reports 10.12% deflation in fuel, power basket
Business

Govt releases truncated April WPI inflation data; reports 10.12% deflation in fuel, power basket

The government on Thursday released truncated data for April wholesale price-based inflation saying there was limited transaction of products in the market due to the outbreak of COVID-19

Wholesale price inflation cools to 1% in March from 2.26% in Feburary on sharp fall in food prices
Business

Wholesale price inflation cools to 1% in March from 2.26% in Feburary on sharp fall in food prices

The inflation based on wholesale price index (WPI) eased to 1 percent in March from 2.26 percent in February on a sharp fall in food prices in the country

Coronavirus Outbreak: With a stressed Rabi season, it's imperative to ensure speedy delivery of Zaid, Kharif seeds to farmers
India

Coronavirus Outbreak: With a stressed Rabi season, it's imperative to ensure speedy delivery of Zaid, Kharif seeds to farmers

Agriculture is the backbone of our survival and most of our agriculture today depends on quality seeds and the organised seed sector.

RBI may cut key interest rates by 175 bps in FY21 to combat economic shock from coronavirus outbreak: Fitch Solutions
Business

RBI may cut key interest rates by 175 bps in FY21 to combat economic shock from coronavirus outbreak: Fitch Solutions

This easing of inflation towards the lower band of the RBI's 2-6 percent target range over FY2020/21 would provide room for the central bank to ease monetary policy significantly.

Wholesale inflation eases to 2.26% in February on cheaper food articles, vegetables
Business

Wholesale inflation eases to 2.26% in February on cheaper food articles, vegetables

Wholesale price index (WPI) based inflation softened to 2.26 percent in February on the back of cheaper foods and vegetables, government data showed on Monday

Retail inflation cools first time after six months to 6.58% in February on easing of vegetable prices
Business

Retail inflation cools first time after six months to 6.58% in February on easing of vegetable prices

Retail inflation dropped for the first time after six months in February, easing to 6.58 percent as prices of vegetables and other kitchen items cooled, government data showed on Thursday

Wholesale inflation spikes to nine-month high of 3.1%; impact of rise in fuel cost, manufactured food products
Business

Wholesale inflation spikes to nine-month high of 3.1%; impact of rise in fuel cost, manufactured food products

Wholesale inflation has spiked to 3.1 percent in January from 2.59 percent in the previous month on higher fuel cost and price rise in manufactured products, as per government data released on Friday

Retail inflation accelerates to 7.59% in January; economists, bankers say RBI to be in hold mode in April
Business

Retail inflation accelerates to 7.59% in January; economists, bankers say RBI to be in hold mode in April

The sharp spike in food inflation has led January CPI to breach a six-year high of 7.59 percent compared to 7.35 percent seen in December