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Concerns about low output behind the uptick; retail prices may remain flat
Forecasts ranged from 5.40% to 6.40%, with a quarter of survey respondents predicting inflation above 6.00%. It was 6.52% in January and spent most of last year above 6.00%
Prices of these three commodities have seen perhaps the wildest fluctuations in agriculture commodities among all crops for multiple reasons
Office memorandum flagged fiscal concerns due to impact of Ukraine war on fuel prices. With Covid-19 having largely subsided, reasons for which earlier extensions were given no more seem to hold
The Consumer Prices Index rose 10.1% in July in the UK from a year earlier after a 9.4% gain the month before
It's one of those rare periods where deflation is also possible. The RBI may have to adjust money supply in either direction
The bench was hearing a public interest lawsuit challenging the prohibition on carrying outside food items inside the movie theatres and multiplexes across the state
Global food commodity markets are likely to remain stable in the coming year, the United Nations food agency said on Thursday, even as prices rose for the fourth straight month.Solid output prospects and abundant stocks should keep prices and supplies stable, while lower prices than those seen last year are set to reduce the world's food import bill, the Food and Agriculture Organisation (FAO) said.FAO's world food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, rose 2.1 per cent in May to average 155.8 points.Rising prices for most main food commodities apart from vegetable oils resulted in the index's fourth consecutive monthly rise after it hit a near seven-year low in January.The biggest rises were in sugar, which rose because production prospects fell in India, and meat which rose because of high demand from Asia for pig meat from the European Union.FAO forecast world cereals output in 2016-17 would be 2.543 billion to