-The Indian Express While much of the world is seeing benign inflation trends, India is a clear exception. Among the drivers of headline inflation in India in recent months has been food prices, especially those of vegetables. With economic activity picking pace after the easing of lockdown measures, the recovery has thrown up some paradoxes: revival in employment amid a fall in labour force participation, surging inflation rate despite disinflationary impact from...
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Do You Know How Much Veggies are Costing, Mr. Modi? -Subodh Varma
-Newsclick.in Devastated by the pandemic and lockdown, people are now facing a back-breaking inflation, especially in everyday food items like vegetables. In just the past month, inflation (annual price rise) has zoomed up, delivering a body blow to family budgets. Recently released government data shows that retail inflation rate hit an eight-month high of 7.34%, up from 6.69% in August. This is general inflation, including all items of consumption. For food items, the...
More »Retail inflation to come down with easing of lockdowns: CEA
-PTI/ The Hindu “Overall, the difference between wholesale and retail inflation is primarily due to supply-side factors which should decrease and therefore going forward even the retail inflation should ease,” Mr. Subramanian said. Attributing the rise in inflation to supply-side frictions, Chief Economic Adviser K V Subramanian has exuded confidence that retail inflation will come down in the days ahead with the easing of lockdowns. According to the government data, retail inflation rose...
More »Is the new farm trade regime fueling food inflation? -Sayantan Bera
-Livemint.com Trade moving outside regulated markets could lead to speculation and volatile prices, warn experts NEW DELHI: After the Centre enacted a new set of laws freeing internal trade in farm produce, crop arrivals in regulated wholesale markets have witnessed a sharp decline. However, off-market transactions between farmers and traders which are going unrecorded could be fueling food inflation as traders engage in speculation and hoarding, experts said. An analysis of numbers from...
More »WPI inflation eases to 2.26% in Feb
-PTI/ The Hindu Wholesale price index (WPI) based inflation softened to 2.26% in February on the back of cheaper food items and vegetables, the government data showed on Monday. In January, the WPI inflation stood at 3.1% and in the year-ago same period it was at 2.93%, as per the data from the commerce and industry ministry. Please click here to read more. ...
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