-ThePrint.in For a family of five, the monthly thali cost jumped up from Rs 4,700 in 2015 to Rs 6,700 in 2022 for a lighter diet. Inflation, particularly food inflation, has been centre stage not just in India but globally. Despite moderation observed in India’s June 2022 inflation print, food inflation continues to stay in the uncomfortable zone of 6 to 8 per cent since the start of the year. How does...
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Wholesale Price Inflation Eases To 13.93% In July
-PTI/ NDTV The Wholesale Price Index-based inflation was 15.18 per cent last month and at a record high of 15.88 per cent in May. New Delhi: The wholesale price-based inflation eased to 13.93 per cent in July on easing prices of food articles and manufactured products. The Wholesale Price Index-based inflation was 15.18 per cent last month and at a record high of 15.88 per cent in May. It was 11.57 per cent in...
More »Cereal inflation would be hard to tame amidst low rice acreage
Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...
More »Retail inflation falls to 6.71% for July, down from 7.01% in June
-The Telegraph In first three months of current fiscal, inflation remained above 7 per cent Retail inflation softened to 6.71 per cent in July due to moderation in food prices but remained above the Reserve Bank's comfort level of 6 per cent for the seventh consecutive month. With retail inflation continuing to remain high despite a fall in prices of vegetables and edible oils, among other commodities in July, the Reserve Bank of...
More »Centre, RBI bid to curb inflation
-The Telegraph Food prices, which account for nearly half of the consumer price index basket, softened last month The finance ministry and the Reserve Bank of India (RBI) are in discussions on the inflation trajectory amid the easing of global commodity and crude oil prices. A Reuters poll of economists forecast retail inflation at a five-month low in July at 6.78 per cent. But it is still above the RBI’s upper threshold...
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