-IndiaToday.in Rising international prices of wheat and fuel are pushing wheat prices up at home. There is also a demand for India to export wheat India’s CPI (Consumer Price Index) inflation rose to a 17-month high of 6.95 per cent in March 2022, exceeding the Reserve Bank of India’s inflation target for three consecutive months. The prices of wheat and wheat products in the country have gone up by 15-20 per cent...
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In Wake of Ukraine War, India Set to See Rising Food Grain Prices -Siraj Hussain and Shweta Saini
-TheWire.in The wholesale price inflation for wheat in March was 14%. The retail prices will, therefore, reflect the same once the peak arrival season is over, in June 2022. Even the critics of India’s public distribution system (PDS) acknowledge that it worked well during the Covid-19 pandemic. Additional allocations of free food grains at 5 kg per person per month, under Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY), helped prevent mass hunger...
More »The Hard Grind: Wheat inflation becoming hard to stomach for Indian households -Siddharth Upasani
-Moneycontrol.com India was supposed to be largely insulated from the war between Russia and Ukraine as far as prices of food items were concerned. However, there are signs that the conflict in Europe is adding to Indians' wheat bill. On April 18, data from the commerce ministry showed India's Wholesale Price Index (WPI) inflation unexpectedly rose to a four-month high of 14.55 percent in March. And while energy and metals led the...
More »What does high WPI inflation mean for interest rates? -Dinesh Unnikrishnan
-Moneycontrol.com The spike in WPI will put more pressure on the rate-setting body to initiate a tight policy stance On April 18, the government data showed that India's inflation based on the Wholesale Price Index (WPI) rose to a four-month high of 14.55 percent in March from 13.11 percent in February. With this, the WPI inflation has now been in double-digit territory for 12 consecutive months. What is the significance of this data?...
More »WPI inflation rises to 14.55% in March, completes one year in double-digit territory
-MoneyControl.com The rise in wholesale inflation in March to a four-month high comes after data released on April 12 showed the more closely-tracked headline retail inflation rate jumped to a 17-month high of 6.95 percent last month India's inflation based on the Wholesale Price Index (WPI) rose to a four-month high of 14.55 percent in March from 13.11 percent in February, according to data released by the commerce ministry on April 18. The...
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