Topic: Food inflation

Domestic conditions alone do not explain RBI’s decision on 6 February. The global environment has become increasingly important.

A committee proposed cutting food and beverages’ weight in the consumer price index to 36.75 from 45.86 and rejigging categories.

Food prices have remained highly volatile in recent years, driving sharp swings in headline inflation & contributing to repeated forecast misses by RBI.

Based on inflation figures for the last three months, RBI is expected to look for confirmatory evidence that can mark the beginning of a sustained decline in core inflation.

Record-low inflation gives RBI room to ease rates. Food prices have something to do with it.

RBI Monetary Policy Committee member Ram Singh says Budget 2025 provides opportunity for govt to show it is doing its part to address growth-inflation dynamics.

India’s retail inflation surged to a 14-month high in October, driven by high vegetable prices. A high summer harvest is expected to lower food inflation.

This round table consultation, a first of its kind, brought together representatives from various state departments, research organizations, and stakeholders to formulate a comprehensive strategy and roadmap for increasing food availability and managing prices in the region.

Fast-moving consumer goods companies, most of which derive big share of earnings from rural markets, struggling to meet sales targets. Consumers buying cheaper products, smaller packs.

The Economic Survey had argued that govt policies should target food inflation, while RBI’s demand-focused policies should target non-food inflation.