Monday, 4 July, 2022
TopicFood inflation

Topic: Food inflation

How surging food costs are affecting 5 hotspots including India, Russia & Brazil

Global food prices are at the highest in more than 6 years, driven by a jump in the cost of everything because of demand from China, vulnerable supply chains and adverse weather.

WPI inflation rises to 2.03% in January even as food prices dip

According to data released by the Commerce and Industry ministry, manufactured items witnessed hardening of prices.

Inflation is set to ease further, but it’s also time India analysed price data better

Year-on-year method misses trends in prices, so month-to-month seasonal adjustment should be used. According to this, May-December avg inflation was 4.05%.

India’s retail inflation drops to 4.59 % in December

According to data released by the Ministry of Statistics & Programme Implementation, food inflation declined to 3.41% in December in 2020, compared to 9.5% in November.

It’s not just food prices, Covid pandemic has also helped push inflation to 7.6% in India

Rising gold prices, surging healthcare costs and people’s preference to use private transport are behind CPI inflation rising to 7.6% in October.

IIP turned positive in Sept, but inflation ‘unrelenting’ at 77-month high of 7.6% in Oct

Inflation, highest since May 2014, rose both on account of food inflation and core inflation. Economists expect a prolonged pause in rate cuts by the RBI.

Floods, drought are destroying crops around the world and sparking food inflation

The sudden emergence of supply strains has come as a blow to the global economy which has been struggling to regain its footing after the shock of the Covid-19 lockdowns.

Interest rate policy makers shouldn’t ignore stubborn food price inflation, RBI study says

Focusing on core prices — which strips out volatile food & fuel costs — instead of the retail consumer prices carries the risk of under-predicting inflation.

Retail inflation climbs to 6.93% in July over hike in food prices

The food inflation, according to the Consumer Price Index (CPI) data, increased to 9.62 per cent in July.

Retail, food inflation rises by 6.09% and 7.87 % respectively in June

The inflation figures are based on data collected from limited markets in view of the restrictions imposed on account of coronavirus pandemic.

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Illustration by Soham Sen

Keep calm and carry on: Unlike wheat, rice isn’t hot yet

The world is worried that India might restrict exports of rice after wheat, pushing prices higher and worsening global food security.

Defence

Indian Naval Air Squadron INAS 324 commissioned at Visakhapatnam | Twitter | @PBNS_India

India’s Eastern Seaboard gets its first naval air squadron INAS 324

With INAS 324, the Indian Navy's Eastern Seaboard will now operate a naval air squadron with HAL’s indigenously built Advanced Light Helicopter.

Moral, political & ideological questions on Maharashtra: 1st is simplest to answer, 3rd trickiest

What is Shiv Sena’s ideology? We might say it’s been a convenient mix of extreme ethnic chauvinism & unforgiving Hindutva. Within the second, the party retained space to manoeuvre.
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