-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...
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Prices of Food Items Rising Unchecked… -Subodh Varma
-Newsclick.in …while the government continues to remain clueless. By the end of June, wheat and flour prices were on fire with an incredible 10% inflation rate, according to the latest data available with the ministry of statistics and programme implementation (MoSPI). That means prices were 10% higher than in June last year. Just six months ago, in January, the inflation rate for wheat was 5.1%—uncomfortable but not yet lethal. This devastating rise...
More »Backsliding on climate action -TS Tirumurti
-The Hindu Western nations have started reinterpreting the Paris deal and look to downgrade their commitments Countries in Europe led by Germany, Austria and the Netherlands are cranking up their coal plants again. Coal exports to Europe are surging. Fossil fuels are making a comeback and countries are rejecting the European Union (EU)’s plan to reduce natural gas consumption by 15%. Dutch, Polish and other European farmers are protesting against emission cuts...
More »Is crude, edible oil inflation relief on the cards for India? -Roshan Kishore
-Hindustan Times The fuel and energy basket sub-component has a share of 6.84% in the CPI basket. For oil and fats (edible oil) sub-category, this share is 3.56%. A simple calculation using the weighted share of these two sub-components shows that they have been a key driver of headline inflation in the past few months. India’s benchmark inflation rate, as measured by the Consumer Price Index (CPI) has been above the 6%...
More »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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