food inflation

Wholesale inflation falls to 2.6% in Sept as food items soften

Wholesale inflation falls to 2.6% in Sept as food items soften

The government data released on Monday showed that inflation in food articles tapered to 2.04 percent in September, as against 5.75 percent in August on an yearly basis.

Oct 16, 2017, 13:12 PM IST
Retail inflation hits 5-month high of 3.36% on costlier veggies

Retail inflation hits 5-month high of 3.36% on costlier veggies

The August inflation number is the highest since March 2017, when it was recorded at 3.89 percent.

Sep 12, 2017, 19:26 PM IST
India retail inflation seen picking up for first time in four months in July

India retail inflation seen picking up for first time in four months in July

India`s retail inflation is expected to have picked up slightly in July after cooling in the previous three months, a Reuters poll showed, but likely remained well below the central bank`s 4 percent medium-term target.

Aug 09, 2017, 13:13 PM IST
WPI inflation in May cools to 5-month low of 2.17%

WPI inflation in May cools to 5-month low of 2.17%

Inflation based on the wholesale price index fell to a five-month low of 2.17 percent in May, mainly because of a sharp drop in prices of vegetables.

Jun 14, 2017, 14:19 PM IST

Cooling food inflation to pull June CPI to sub-2%: BofAML

Falling food inflation is expected to pull June CPI inflation to the sub-2 percent level and may prompt the Reserve Bank to go in for a 25 bps rate cut in its policy review in August, says a report.

 

Jun 13, 2017, 16:22 PM IST
Veggies, pulses drag inflation to record low of 2.18% in May

Veggies, pulses drag inflation to record low of 2.18% in May

Retail inflation fell to a record low of 2.18 percent in May as prices of kitchen staples like vegetables and pulses declined sharply although there was a marginal spike in fruit rates.

Jun 12, 2017, 19:07 PM IST
Retail inflation hits a low of 2.99% in April

Retail inflation hits a low of 2.99% in April

Retail inflation fell sharply to 2.99 percent in April, from 3.89 percent in March, due to lower cost of food items, including pulses and vegetables that showed a deflationary trend.

 

May 12, 2017, 19:06 PM IST

Falling food prices cement its view on Aug rate cut: BofA-ML

A fall in food inflation in May, better monsoon prospects and the ongoing rupee appreciation lowering inflation will help the Reserve Bank to deliver a 0.25 percent rate cut in August, a report said on Thursday.

 

May 11, 2017, 20:07 PM IST
WPI inflation plunges to 5.70% in March vs 6.55% in February

WPI inflation plunges to 5.70% in March vs 6.55% in February

Wholesale inflation eased to 5.70 percent in March on softening prices of pulses, potato and onion, making the case for a rate cut in August even stronger.

Apr 17, 2017, 12:25 PM IST
Retail inflation rises to 3.65% in February

Retail inflation rises to 3.65% in February

Retail inflation rose to 3.65 percent in February mainly on account of surge in price of food items like fruits, sugar and confectionery.

 

Mar 14, 2017, 18:34 PM IST
January WPI inflation shoots up to 5.25% versus 3.39% for December

January WPI inflation shoots up to 5.25% versus 3.39% for December

The provisional headline inflation rate based on WPI for January, 2017 is 5.25% as against 3.39% for December, 2016., as per government data.

Feb 14, 2017, 12:10 PM IST
WPI inflation eases to 3.39% in October as food prices soften

WPI inflation eases to 3.39% in October as food prices soften

In the second consecutive month of decline, wholesale inflation eased to 3.39 percent in October as food articles, led by vegetables, witnessed softening of prices. The wholesale price-based inflation, reflecting the annual rate of price rise, in September stood at 3.57 percent. In October 2015, WPI inflation was (-)3.70 percent.

Nov 15, 2016, 14:05 PM IST

GST rate on processed foods should be low or zero: CII

The rate of GST on processed foods should be kept low or at zero as the country cannot afford to have high taxes, with food inflation already over 6 percent, industry body CII on Wednesday said.

Aug 24, 2016, 16:58 PM IST

'Food prices may cool on kharif sowing; rate cut unlikely'

Experts and industry said kharif sowing trends indicate cooling of food inflation in the coming months, even as chances of a rate cut in the near-term are low, given the rise in WPI and retail inflation.

Aug 16, 2016, 16:41 PM IST
Wholesale inflation soars to 23-month high of 3.55% in July

Wholesale inflation soars to 23-month high of 3.55% in July

Wholesale price index-based inflation accelerated for the fourth straight month in July hitting 3.55 percent on costlier food and manufactured items.

Aug 16, 2016, 12:27 PM IST
Price rise: Govt increases size of pulses buffer stock by 5 times to 8 lakh tonnes

Price rise: Govt increases size of pulses buffer stock by 5 times to 8 lakh tonnes

The government on Wednesday increased the size of the buffer stock of pulses by five times to 8 lakh tonnes for this year as it seeks to sell lentils at a cheaper rate to give relief to consumers.

 

Jun 16, 2016, 09:40 AM IST
Price rise: Govt looks to rein in dal prices through imports, buffer stock

Price rise: Govt looks to rein in dal prices through imports, buffer stock

With prices of pulses soaring to as high as Rs 170 per kg, the government on Wednesday decided to import lentils from Myanmar and Africa and beef up the buffer stocks to check the spike in rates.

 

Jun 15, 2016, 17:50 PM IST
Bad weather hit pulses output, rise in vegetable prices a seasonal effect: Ram Vilas Paswan

Bad weather hit pulses output, rise in vegetable prices a seasonal effect: Ram Vilas Paswan

Concerned over rising inflation, food and consumer affairs minister Ram Vilas Paswan on Wednesday said that from June to August tomato, potato prices always increase, but this is just temporary.

Jun 15, 2016, 14:12 PM IST
Tomatoes at Rs 80/Kg: Arun Jaitley to review food price situation today

Tomatoes at Rs 80/Kg: Arun Jaitley to review food price situation today

Concerned over food inflation, Finance Minister Arun Jaitley will review the situation on Wednesday and discuss steps to keep prices of essential commodities, including pulses, in check.

Jun 15, 2016, 09:07 AM IST