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Retail inflation eases in June to 7.01%, but still above RBI’s upper limit -Zia Haq

-Hindustan Times Food price index leapt 7.75% in June on the back of a global spiral in commodity prices, slightly lower than 7.97% in May India’s retail inflation marginally eased for the second month in a row to 7.01% in June from a year ago, official data on Tuesday showed, but consumer prices, which rose 7.04% in May, continued to breach the Reserve Bank of India’s upper limit of 6% for the...

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Retail inflation eases to 7.01% in June, but remains above RBI's target band -Meghna Sen

-Livemint.com For the sixth month in a row, the retail price inflation stayed well above the RBI's upper tolerance limit of 6% India's retail inflation eased slightly to 7.01% in June against 7.04% in the previous month, government data showed today. However, in June 2021, the retail inflation stood at 6.26%. The consumer price-based inflation (CPI) has breached the upper limit of RBI's tolerance band, ranging from 2-6%, for the sixth consecutive...

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Fall in FMCG sales shows a declining quality of life

-The New Indian Express High inflation is not just a research figure fueling the economic debate. It has a real, negative impact on the daily lives of the masses. High inflation is not just a research figure fueling the economic debate. It has a real, negative impact on the daily lives of the masses. In this respect, fast-moving consumer goods (FMCGs) that are bought daily have seen lower sales through June, compared...

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UN Report: Global hunger numbers rose to as many as 828 million in 2021

-Press release by FAO dated 6 July 2022 The latest State of Food Security and Nutrition report shows the world is moving backwards in efforts to eliminate hunger and malnutrition Rome/New York: The number of people affected by hunger globally rose to as many as 828 million in 2021, an increase of about 46 million since 2020 and 150 million since the outbreak of the COVID-19 pandemic (1), according to a United...

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Colour coding or star rating—FSSAI food labelling plan can trigger a new nutrition war -Sonal Matharu

-ThePrint.in The ground for front-of-pack-labelling in India was laid in 2010, when in response to a PIL, the Delhi High Court asked FSSAI to strictly regulate junk food. Shafali Mittal has had a strict ‘no junk food in the house’ rule. She should know — she has studied diet and nutrition. But ready-to-eat packed snacks with poor health labels are weakening her grip on what her two sons, aged 17 and 23,...

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