Food Prices: Latest News and Updates, Top Stories, Videos, Photos About Food Prices

India's December Retail Inflation Climbs To 4-Month High Of 5.69%; Food Inflation Zooms 8.7%

The Indian government disclosed the Consumer Price Index (CPI) data for December, revealing a surge in retail inflation to a four-month high of 5.69% compared to 5.55% in November. The CPI serves as a pivotal metric, gauging retail inflation by examining ...

How Food Prices Dictate Inflation in India

Inflation, one of the fundamental economic challenges, can be significantly influenced by the fluctuation of food prices. In a country like India, where a substantial portion of household income is spent on food, the impact of increasing food prices on inflation ...

Netherlands Enters First Recession Amid Soaring Food Prices, Energy Bills

The Dutch economy has entered a recession as it shrank 0.3% on a quarterly basis in the second quarter, a first estimate published by Statistics Netherlands on Wednesday showed. The euro zone's fifth largest economy shrank for the second consecutive quarter, ...

MPC Meet: RBI Raises FY24 Inflation Forecast To 5.4% Amid Soaring Food Prices

The Reserve Bank of India on August 10 raised inflation forecast for this current fiscal year amid sharp surge in vegetable prices. The central bank raised the inflation aim to 5.4% now from 5.1% forecast in June policy. Meanwhile, the MPC ...

Food Prices Soar Amid Trade Disruptions, Extreme Weather Flare

Global food prices witnessed a surge for the first time in three months period amid ongoing trade disruptions from India to the Black Sea and extreme weather stoke supply concerns anew. According to a Friday report, United Nations' food-commodity prices ...

CPI Data Reveals Comman Man Hit By High Food Prices, Inflation To Remain Sticky

Consumer price inflation data for Sept 2022 at 7.41% reveals inflation remains sticky, particularly in food items. Food inflation was the main culprit behind rising CPI. In fact, food inflation surged to 8.6% in Sept 2022, pushing up the overall CPI ...

WPI inflation Surges To A New High of 15.88% in May Amid Rising Prices of Food Items And Crude Oil

The Wholesale price-based inflation has spiked to a new record high at 15.88% for the month of May as the prices of food items and crude oil have gone up. Meanwhile, for the month of April 2022, the WPI Inflation was ...

March CPI Inflation Falls Sharply To 5.91% On Low Vegetable Prices

Even as the CPI inflation for the month of March has slipped sharply to 5.91% as against 6.58% in the previous month, analysts view the supply disruption amid extended lockdown till May 3 may give prices a push. As per ...

WPI Inflation For January Eases To 2.84%

The WPI inflation data for the January month came in today and as in the previous month have sunked for the second straight month. This has been attributed primarily to soft increase in fuel and food prices. The annual wholesale ...

El Nino likely to impact farm production, food prices: Economic Survey

After three years of bumper crop harvest, India's agriculture production may be impacted this year if a likely El Nino torpedoes monsoon rainfall, putting pressure on food prices, the Economic Survey said today. With the Met Department predicting 71 per ...

Food prices decline but close to historical peak: World Bank

Global food prices continued to decline for six consecutive months, but still remain very high and close to their historical peaks, the World Bank has said in quarterly Food Price Watch report said. "The persistently high and volatile food prices not ...

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