India's retail inflation likely fell sharply in December, landing within the Reserve Bank of India's target range, due to a significant drop in vegetable and food prices, a report said
All-India average retail price of onions has dropped by 60 per cent this year to Rs 40 per kg
During this time of the year, potatoes and vegetables come from Punjab and Haryana
The wholesale price for staples such as onions was 29 rupees (39 cents) a kilogram in New Delhi on Tuesday, down 29% from Nov. 1
Chief Minister Pinarayi Vijayan on Monday wrote to his counterparts in Maharashtra and Tamil Nadu to permit procurement directly from farmers and Farmers Producers organisations
Together with CPI, it may restrain RBI from taking any further monetary easing measures
Inflation above RBI's comfort zone of 6% for six straight months, Q2 inflation slightly higher than MPC's projection, MPC may refrain from cutting rate in December policy too
As cities and states reimpose localised mini lockdowns to control the spread of the contagion, fruit and vegetable suppliers worry about the impact on their businesses.
With govt allowing sale of essential commodities directly to consumers, farmers have come together to form a group of aggregators and are supplying fresh produce directly to bulk and retail consumers
The most significant rise has been registered in the price of tomato
Covid spread has taught farmers to ditch middleman and start their own group to conduct farm-to-kitchen sales, under which both consumer and cultivator gain
A disruption in supply chain means that the arrival of commodities across the nation's main mandis remained a cause of concern
In a report, Credit Suisse pegs decline at 50-95% YoY
The small-time vendor was being able to do what I'd have imagined would be easier for the Amazons, Big Baskets and Grofers of the world to do
In Mumbai, cabbage and cauliflower were available at Rs 80 a kg and Rs 120 a kg, respectively, as against Rs 60 and Rs 80 a kg late last week.
Stockists rush to store for uninterrupted supply to retailers and consumers, with APMC remaining shut tomorrow for disinfection against coronavirus
Prices of green vegetables started rising steadily since October but almost doubled in December on reports of flood-ravaged kharif crop damage in Maharashtra and delay in planting of rabi crop
The median forecast in the Jan. 3-8 Reuters poll of nearly 50 economists predicted India's annual consumer inflation rose to 6.20 per cent in December from November's 5.54 per cent
Albeit for a brief period during monsoon and afterwards, retail price of tomato went up to Rs 80 per kg
Onion prices are ruling high in the range of Rs 70-90/kg, potato at Rs 22/kg, tomato at Rs 18/kg