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Food Prices News
Higher food prices lift India's June retail inflation to 3.18%
Fri, Jul 12, 2019
However, on a year-on-year (YoY) basis, the Consumer Price Index (CPI) in June 2019 was lower than the corresponding period of last year when retail inflation stood at 4.92 per cent.
India inflation likely eased in Nov to 16-month low: Poll
Mon, Dec 10, 2018
If the consensus is realised, the November data will not only mark inflation below the RBI`s medium-term target of 4 percent for a fourth straight month but also be the first time since July 2017 it was below 3 percent.
Retail inflation eases to 4.28 percent in March
Thu, Apr 12, 2018
Annual retail inflation eased for the third straight month in March to 4.28 percent, as food prices fell, government data showed on Thursday. Analysts polled had forecast March`s consumer price inflation to soften to 4.20 percent from 4.44 percent in the previous month.
Food and fuel prices push India's retail inflation in October
Tue, Nov 14, 2017
Food, fuel and housing prices pushed India`s annual retail inflation rate higher in October, official data showed on Monday.
Despite robust production, farmers suffer wage cut on food price deflation
Tue, Jun 20, 2017
After months of drifting apart, India's wholesale and retail inflation are finally converging
Mon, Jun 19, 2017
Both WPI and CPI have reached to a series low in the month of May 2017 and are now just 1 basis point difference between each other.
CPI, IIP data today; here's what to expect
Fri, May 12, 2017
The Ministry will be releasing Index of Industrial Production (IIP) or factory output data for the month of March and Consumer Price Index (CPI) inflation or retail inflation for the month of April.
Possible El Nino unlikely to impact food prices in India
Thu, Apr 20, 2017
A poor monsoon may adversely impact food inflation. However, if one looks at the data from past ten years, food inflation has not spiked following poor monsoon.
Wholesale Inflation eases in March but likely to rise going further
Mon, Apr 17, 2017
Following the February numbers, analysts at Motilal Oswal and Care Ratings expected WPI to be around 6.3% for last month of FY17.
India March inflation seen edging up closer to RBI's mid-term target: Reuters poll
Tue, Apr 11, 2017
"Inflation is likely to pick up in March, backing the central bank`s stance to keep rates on hold last week," wrote Radhika Rao, economist at DBS Bank.
Consumer Price Inflation rises first time in seven months, at 3.65% in February
Tue, Mar 14, 2017
Consumer Price Index (CPI) inflation or retail inflation for the month of February stood at 3.65%, Ministry of Statistics and Programme Implementation (MOSPI) said on Tuesday.
Wholesale inflation inches up to 3.74% in August, beats estimates
Wed, Sep 14, 2016
Rate of inflation in food articles (14.34% weightage on the index) dropped to 8.23%, lowest in past three months. Rate of inflation in food articles stood at 11.82%, 8.57% and 8.24% in July, June and May, respectively. Rate of inflation in pulses, too, came down slightly, at 34.55% in August 2016 from 35.76% in July 2016.
WPI inflation at 1.62% in June, food prices continue to hurt
Thu, Jul 14, 2016
India's wholesale price index (WPI), or wholesale inflation has risen more than expected, at 1.62% in the month of June 2016 as against -2.13% in the same month of last year.
Wholesale inflation, or WPI, rose to 0.79% in May
Tue, Jun 14, 2016
Inflation in potato stood at 60.01%, pulses saw 35.56% and vegetables were 12.94%. Sugar category rose by 22.30% from 16.07% of the previous month.
Will this monsoon be good enough to rein in inflation?
Tue, Jun 14, 2016
As per Crisil, food inflation is expected to come down if the monsoon season is indeed favourable. A good monsoon means that food production in India will increase which will erase the pains of past two years’ droughts. Food prices, on the back of better production, will hence come down.
Retail Inflation touches 21-month high in May
Mon, Jun 13, 2016
A Reuters poll suggested that higher food and fuel prices may push up inflation to over 5.5% in May.
Wholesale inflation increases to 0.34% in April
Mon, May 16, 2016
Primary articles, that weigh over 20% on the index, rose by 2.1% in the month of April as against previous month.
India inflation probably nudged up to 5% in April: Reuters poll
Tue, May 10, 2016
"The central bank has to be confident of hitting the 5 percent target next year before deciding on easing further," said Rishi Shah, economist at Deloitte.