The poor are facing a higher inflation burden due to the surge in food prices, especially for items like cereals and vegetables, which are unlikely to cool off soon owing to unseasonal rainfall and lower Kharif crop sowing, according to economists. Urban India’s poorest households – those in the bottom 20% income bracket – faced […]
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September food inflation quickens sharply to 8.41%, the steepest level in 22 months; economists warn that the negative surprise could spur more rate increases from the Reserve Bank of India September food inflation quickens sharply to 8.41%, the steepest level in 22 months; economists warn that the negative surprise could spur more rate increases from […]
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Inflation in wholesale prices moderated marginally from the record 15.88% pace in May to 15.18% in June, as a minor paring in the price rise of manufactured products, fuel and power as well as primary articles was offset by a surge in food price inflation to 12.41% from 10.89% in May. June’s wholesale inflation […]
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The high prices of food and beverages was one of the primary drivers of rural inflation and within it, the prices of vegetables, oils and fats, and meat and fish increased the most The high prices of food and beverages was one of the primary drivers of rural inflation and within it, the prices of […]
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