Food prices to stay sticky, may keep inflation around 7% in Q3 too

Food prices to stay sticky, may keep inflation around 7% in Q3 too

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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Inflation accelerates to 7.41% in September 2022, highest since April

Inflation accelerates to 7.41% in September 2022, highest since April

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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