Page 4 - Food Prices

Ukraine war hitting poor countries dependent on wheat, says UN chief

UN chief has warned that Ukraine war is holding a sword of Damocles over global economy, especially poor countries that face surging food, fuel prices and are now seeing their breadbasket being bombed

Russia-Ukraine crisis: Food prices set to zoom on threat to shipments

Ukraine and Russia together account for more than a quarter of the global trade in wheat, as well as a fifth of corn sales

Deepening tensions seen curbing food supplies, lifting prices: Traders

A lack of supplies from the Black Sea region could lift demand for the bread-making ingredient from the United States and Canada

India's retail inflation accelerates to 6.01% in January, hits 7-month high

Jan inflation has breached the upper limit of the Reserve Bank of India's tolerance band

Crop prices poised for record, signaling further food price pain

Prices across grains, oilseed and softs markets have rallied as supply shortfalls abound

World food prices ease in Dec, but hit 10-year peak in 2021: FAO

World food prices eased in December after four consecutive monthly gains but jumped 28% over 2021 for the highest average level since 2011, the U.N. food agency said on Thursday.

2021, the year that was: Firms may no longer share higher cost burden

The concluding part of year-ender series looks at how inflation pinched consumers' pocket

India's retail inflation inches up to three-month high of 4.91% in Nov

Overall, inflation in the food basket was 1.87% in November compared to 0.85% a month earlier. However, it was significantly down from 9.5% in November 2020

Retail-wholesale gap in prices of vegetables, edible oils widens in Delhi

Price difference stays largely flat for pulses during this period; govt starts cracking down on hoarders and black-marketeers

From India to US, sharpest rise in food price since 1970s challenges govts

Global food prices were up 33% in August from a year earlier with vegetable oil, grains and meat on the rise, data from the United Nations Food and Agriculture Organization show

Soaring cost of food is forcing families to scrimp at the dinner table

Food prices in July were up 31 per cent from the same month last year, according to an index compiled by the United Nations' Food and Agriculture Organization

Wholesale inflation eases to 11.16% in July as food prices soften

The wholesale price index (WPI) inflation is at a three-month low but remained in double digits in this fiscal year so far

July WPI inflation eases to 11.16% y/y, helped by fuel and food items cost

A low-base effect also contributed to the WPI inflation in July, since it stood at minus 0.25% in the corresponding month of 2020.

Import duty on masur dal cut to zero; agri infra development cess halved

This is a bid to boost domestic supply and check rising prices.

World food prices fall in June for first time in a year, says FAO

On a year-on-year basis, prices were up 33.9% in June.

Retail prices of pulses on declining trend: Food Secretary Pandey

Retail prices of pulses are showing a declining trend after the government's interventions, Union Food Secretary Sudhanshu Pandey said on Monday.

The current 'inflation' is a mystery. FinMin, RBI must tread carefully

At a time of declining incomes, people don't have money. So they do not buy. If they don't buy, prices must fall, not increase. What, then, explains the inflation? T C A Srinivasa Raghavan explores

Retail inflation for industrial workers rises marginally to 5.24 pc in May

Retail inflation for industrial workers rose marginally to 5.24 per cent in May 2021 from 5.14 per cent in April mainly due to increase in prices of certain food items and petroleum products, as well as higher mobile phone charges. "Year-on-year inflation for the month (of May) stood at 5.24 per cent compared to 5.14 per cent for the previous month (April 2021) and 5.10 per cent during the corresponding month (May 2020) a year before," a labour ministry statement said. Similarly, it stated that food inflation stood at 5.26 per cent last month against 4.78 per cent in April 2021 and 5.88 per cent in the corresponding month a year ago. The Labour Bureau, an attached office of the Ministry of Labour & Employment, has been compiling the Consumer Price Index for Industrial Workers (CPI-IW) every month on the basis of retail prices collected from 317 markets spread over 88 industrially important centres in the country. The index is compiled for 88 centres and All-India and is released ..

How pulses and edible oil could exacerbate the pain on the inflation front

A mix of short- and long-term policies to contain price rise in these two commodities while keeping an eye on the interest of the cultivator could be the balm India is looking for

Wholesale price index makeover on the cards, base year to be 2017-18

Green tea, sanitisers among items in bigger basket