-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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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 »UP: No Govt Funds for Mid-day Meals for over 3 Months, Headmasters Forced to Raise Money -Abdul Alim Jafri
-Newsclick.in The Education Department has attributed the delay in payment to the non-release of the funds by the state Finance Department. Lucknow: Government schools in Uttar Pradesh have reportedly not received any money for mid-day meals for the last three months, preventing some schools from serving food to children under the scheme. In a few schools, teachers and gram pradhan (village head) have been spending from their own pockets or buying rations...
More »Wholesale price inflation eases to 15.18% in June but stays in double digits, 15 months on
-Moneycontrol.com Food inflation rose to 12.41 percent in June from 10.89 percent, with the food index rising 1.3 percent month-on-month India's inflation based on the Wholesale Price Index (WPI) declined to 15.18 percent in June, according to data released by the commerce ministry on July 14. The WPI inflation was 15.88 percent in May, the highest in at least three decades. In June 2021, it stood at 12.07 percent. Another month of double-digit wholesale...
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