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Food Inflation

Food inflation a 'short-term blip', will focus on volume growth: TCPL MD & CEO

Food inflation a 'short-term blip', will focus on volume growth: TCPL MD & CEO

Mon, Nov 25, 2024

FMCG major Tata Consumer Products Ltd (TCPL) is looking at the current food inflation as a "short-term blip" and expects it to moderate in the next two quarters along with a revival in the consumer demand, said its Managing Director & CEO Sunil D'Souza.

Retail tomato prices drop 22% on improved supplies

Retail tomato prices drop 22% on improved supplies

Sun, Nov 17, 2024

Retail tomato prices declined 22.4 per cent month-on-month on improved supplies across the country, the Consumer Affairs Ministry said on Sunday.

Exclusive: As onion prices cross Rs 100/kg mark in many regions, state authorities may take stern action against hoarders

Exclusive: As onion prices cross Rs 100/kg mark in many regions, state authorities may take stern action against hoarders

Mon, Nov 11, 2024

With an aim to tackle soaring onion prices, local authorities may soon take action against hoarders and middlemen in the national capital. The Centre is closely tracking demand, supply and price trends related to onions in different locations in the country.

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Vegetables Price Pinch: 29% Indian households reduced green vegetable consumption to cope with price rise, as per survey

Vegetables Price Pinch: 29% Indian households reduced green vegetable consumption to cope with price rise, as per survey

Wed, Oct 16, 2024

The cost of a home-cooked vegetarian thali surged 11 per cent year-on-year (y-o-y) in September, driven by rising vegetable prices, rating agency Crisil Ltd said in a report. It states that the rise in the vegetarian meal cost can be attributed to sharp increases in the prices of key vegetables, including onion, potato and tomato, which account for around 37 per cent of the cost.

Cenetre launches sale of Bharat brand pulses, directs retailers to ensure sufficient stocks

Tue, Oct 08, 2024

The central government has started selling commodities like arhar, moon, and chana pulses under its Bharat brand.

Centre discusses pulse price situation with retailers

Centre discusses pulse price situation with retailers

Tue, Oct 08, 2024

The Retailers Association of India (RAI), which represents the interests of online and offline retails in the country, has sought government action to contain the prices of such commodities in a fair range.

Wholesale inflation eases to 4-month low

Wholesale inflation eases to 4-month low

Tue, Sep 17, 2024

The WPI index for fuel and power increased by 0.14 per cent to 148.1 in August from 147.9 for July, 2024. Price of electricity (1.59 per cent) increased while price of mineral oils (-0.32 per cent) decreased.

CPI inflation worsens to 3.65% in August from 3.03% in previous month

CPI inflation worsens to 3.65% in August from 3.03% in previous month

Thu, Sep 12, 2024

While the urban inflation slipped from 3.03 per cent to 3.14 per cent, the rural inflation rate also slid from 4.10 per cent to 4.16% month-on-month (MoM). Combined CPI inflation in August was 3.65 per cent compared with 3.60 per cent MoM.

Centre rolls out mobile vans selling onions at Rs 35 per kg in these cities; see list of localities

Centre rolls out mobile vans selling onions at Rs 35 per kg in these cities; see list of localities

Thu, Sep 05, 2024

Keeping food inflation under control is a priority of the central government of India, with several direct interventions through price stabilisation measures having played an important role in easing inflation, said Food and Consumer Affairs Minister Pralhad Joshi. The central onion offer stock of the kitchen staple stands at 4.7 lakh tonnes from the rabi crop, he said.

Are you buying A2 milk online? A2 milk product labelling misleading, must be removed immediately, food regulator FSSAI tells businesses

Are you buying A2 milk online? A2 milk product labelling misleading, must be removed immediately, food regulator FSSAI tells businesses

Thu, Aug 22, 2024

In a communication to e-commerce food business operators in the country, the food regulator wrote that the use of such claims is "not in conformance with the provisions laid down under the FSS Act, 2006, and Regulations made thereunder".

Tomato Sale at Rs 60/kg: After Delhi, this city gets kitchen staple at subsidised rates

Tomato Sale at Rs 60/kg: After Delhi, this city gets kitchen staple at subsidised rates

Wed, Jul 31, 2024

The govenrment has launched the sale of tomatoes at a subsidised rate of Rs 60 per kg in Mumbai.

Chana, Tur, Urad Dal | Retail prices of pulses have not eased despite 4% decline in wholesale rates in 1 month, says Centre

Chana, Tur, Urad Dal | Retail prices of pulses have not eased despite 4% decline in wholesale rates in 1 month, says Centre

Tue, Jul 16, 2024

Inflation in Pulses: After meeting with major pulse retailers in the national capital, the central government found that retail prices are yielding higher profit margins compared to wholesale prices. Retail industry representatives agreed to adjust their margins to ensure fair retail prices, as per an official statement.

Despite the decline in retail inflation, prices of food items increased, what is the reason for this inflation?

Despite the decline in retail inflation, prices of food items increased, what is the reason for this inflation?

Tue, Jun 25, 2024

Despite decline in retail inflation, prices of retail inflation, increased. Rice became expensive by about 12.5% in a year. The prices of pulses and sugar also increased rapidly. What is the reason for this inflation? Watch the special discussion.

Centre tracking domestic edible oil prices, say sources

Centre tracking domestic edible oil prices, say sources

Wed, Jun 12, 2024

Edible Oil News: The Ministry of Consumer Affairs, Food, and Public Distribution is closely monitoring domestic edible oil prices, considering the improved situation of import stocks, according to sources. Stable domestic edible oil rates follow recent fluctuations during election-related demand changes. Analysts anticipate these prices to remain within the current range for the next 2-3 months.

Consumer inflation eases to 1-year low of 4.75% in May

Consumer inflation eases to 1-year low of 4.75% in May

Wed, Jun 12, 2024

Consumer Inflation Data May 2024 News: Retail inflation in India stood at 4.75 per cent last month, an improvement from the previous month's 4.83 per cent, according to to official data. Measured by the Consumer Price Index (CPI), retail inflation - or consumer inflation - indicates the rate of price increase for a specific basket of goods and services purchased by consumers. Read on to know more about what the latest CPI data indicates.

RBI Governor's Insights on Food Inflation, Growth & Economic Trends

RBI Governor's Insights on Food Inflation, Growth & Economic Trends

Fri, Jun 07, 2024

RBI Monetary Policy: RBI Governor Shaktikanta Das- Focus on maintaining balance between inflation and growth. Food inflation may continue to rise. Uncertainty in food prices will have to be monitored. GDP growth estimate for Q2FY25 increased from 6.9% to 7.2%.

Food inflation likely to remain a cause for concern due to heatwave: ICRA

Food inflation likely to remain a cause for concern due to heatwave: ICRA

Tue, May 14, 2024

Retail food inflation also remained stubbornly high at 8.70 per cent in April 2024, as against 3.84 per cent in April 2023.

Food prices a challenge for final descent in inflation: RBI policy

Food prices a challenge for final descent in inflation: RBI policy

Fri, Apr 19, 2024

The RBI typically conducts six bimonthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook, and various macroeconomic indicators.

Explained: What is vegetable inflation and how does it impact you?

Explained: What is vegetable inflation and how does it impact you?

Sat, Mar 23, 2024

Do you know what vegetable inflation really is? A key component of overall inflation, vegetable inflation can have a significant impact on consumers, especially those with lower incomes. In India, vegetables like onions, tomatoes and potatoes have a weightage of 7.46 per cent in the overall Consumer Price Index (CPI), which tracks the prices of a host of goods and services to determine the overall consumer inflation in the country. Learn all about vegetable inflation here.

Wholesale inflation eases to 0.2% in February

Wholesale inflation eases to 0.2% in February

Thu, Mar 14, 2024

The wholesale price index-based inflation eased in January to 0.2 per cent from 0.27 per cent in the preceding month. The WPI inflation was in the negative zone from April to October and had turned positive in November at 0.26 per cent.

Wholesale inflation rises to 0.73% in December

Wholesale inflation rises to 0.73% in December

Mon, Jan 15, 2024

The WPI inflation was in the negative zone from April to October and had turned positive in November at 0.26 per cent.

India 360: Government showed action on controlling inflation during the festive season

India 360: Government showed action on controlling inflation during the festive season

Tue, Oct 03, 2023

Festive Season: The festive season has started in India, the statements issued by the World Bank are very worrying, according to the World Bank, inflation may increase during the festive season, but the government has made all the preparations to control it.

Government's Bold Moves to Tackle Inflation During Festive Season

Government's Bold Moves to Tackle Inflation During Festive Season

Tue, Oct 03, 2023

Control inflation during festive season! Government in action on inflation control, big preparation for action on hoarding

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