Tag: food inflation

Inflation pressures may linger, but food prices to cool soon: Finanace Ministry

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Inflation pressures may linger, but food prices to cool soon: Finanace Ministry

Grocery item put on display for sale at a market, in New Delhi. File | Photo Credit: Sushil Kumar Verma India’s inflation woes are not over yet but food price spikes may be “transitory”, the Finance Ministry said on August 22, attributing the latest spike in headline inflation to global uncertainties triggered by the termination…

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Wholesale inflation stays in negative for fourth month at (-) 1.36% in July

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Wholesale inflation stays in negative for fourth month at (-) 1.36% in July

Image used for representational purpose only. | Photo Credit: Reuters The wholesale price based inflation remained in the negative territory for the fourth straight month in July at (-)1.36% on easing prices of fuel, even though food articles turned costlier. The wholesale price index (WPI) based inflation rate has been in the negative since April…

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Monsoon’s uneven march could fuel food inflation: Analysts 

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Monsoon’s uneven march could fuel food inflation: Analysts 

With the Indian Meteorological Department signalling that parts of Uttar Pradesh, Bihar, Assam, Punjab, Karnataka and Tamil Nadu may see less than normal rainfall this month, sowing of paddy and pulses could be further affected. These effects were already exacerbating food inflation, reckoned analysts at brokerage Motilal Oswal. File | Photo Credit: Reuters Despite a wetter…

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