Retail inflation in India declined to 5.10 per cent in January due to an easing in food prices, according to the data released by the government on Monday
The cramped living conditions, soaring food prices, and poor sanitation are further intensified by severe restrictions on the entry of essential supplies into the coastal strip.
Uncertainties in food prices along with unfavourable base effects are likely to lead to a pick-up in retail inflation in November and December, the monetary policy committee of the Reserve Bank of India observed in their latest review meeting.
Prices of cereals rose by 10.27 per cent and vegetables by 17.7 per cent in November on a year-on-year basis. Pulses were up by 20.23 per cent, spices by 21.55 per cent and fruit prices were up 10.95 per cent last month, official data released by the Ministry of Statistics and Programme Impl
This restriction has now been extended beyond its original deadline of October 31, 2023, and will continue until further orders. Notably, this restriction encompasses various types of sugar, including raw, white, refined, and organic sugar.
New Delhi [India], August 30: Constituting around 85% of all farms worldwide, small-scale farmers produce approximately one-third of the world's food1. However, they rely heavily on rain-fed agriculture and are most vulnerable to climate change and depleting water tables. This affects their
New Delhi [India], August 9: Even with rising food prices, walnuts don’t have to leave your grocery list! These versatile nuts are great for various recipes, from snacks to meals and desserts. Besides this, they are an easy way to add a delicious dose of plant-based nutrition to your dishes.
A series of sharp rises in energy and food prices in Pakistan, pushed its weekly inflation up by 1.30 per cent and annualised inflation up to 29.83 per cent, Geo News reported on Saturday citing The News.
The Governor on Thursday issued an order to temporarily halt the consumption of tomatoes in his household as a gesture of solidarity with the citizens of Punjab who are facing the impact of rising food prices.
According to the rating agency’s report, food inflation in India, which accounts for a sizeable 39 per cent of the headline Consumer Price Index (CPI), is showing renewed signs of pressure.
IMF’s Chief Economist and Director Pierre-Olivier Gourinchas has said restrictions imposed by India on exports of certain varieties of rice are likely to exacerbate volatility on food prices in the rest of the world.