Earlier on Monday, the government data showed that the Consumer Price Index (CPI)-based inflation was at 6.44% in February
The price fall is mainly attributed to a fall in food prices, especially vegetables
WPI-based inflation remained below the double-digit mark for second consecutive month in November
Average wholesale price of wheat rose 22 per cent across India to Rs 2,721 per quintal in November from Rs 2,228 per quintal in January this year, the government data showed. In a written reply to a question in Rajya Sabha, agriculture minister Narendra Singh Tomar said, "The prices of agricultural produce including wheat are determined by the demand and supply conditions in the market, international prices etc." As per the data, all-India monthly average wholesale prices of wheat stood at Rs 2,228 per quintal in January, Rs 2,230 in February, Rs 2,339 in March, Rs 2,384 in April, Rs 2,352 in May, Rs 2,316 in June, Rs 2,409 in July, Rs 2,486 in August, Rs 2,516 in September, Rs 2,571 in October and Rs 2,721 per quintal in November. Prices of October and November are provisional. The Centre had imposed a ban on wheat exports in May to control prices. "Wheat production has declined marginally from 109.59 million tonnes in 2020-21 to 106.84 million tonnes in 2021-22 and the all-India
With wholesale prices galloping in double-digits since April last year, companies found themselves in a fix, raise prices too much and hurt a nascent recovery in demand or absorb costs and take a hit
The average retail price of soya oil saw a marginal reduction to Rs 153 per kg from Rs 155.65 per kg in the said period
Arrivals have just begun, but data on initial weeks shows that prices have dropped after higher arrivals within no time. Now, the threat of heavy rainfall-led crop damage lingers
Tomato prices in wholesale markets in most producing states have crashed to as low as Rs 4 per kg amid supply glut, government data showed. In fact, the wholesale prices of tomato in 23 growing centres out of 31 monitored by the government were down by 50 per cent from the year-ago period or below three-year seasonal average. Currently, tomato crop of the early kharif (summer) season of the 2021-22 crop year (July-June) is being harvested. According to the data, the wholesale price of tomato in Dewas in Madhya Pradesh -- the countrys' top tomato growing state -- fell to Rs 8 per kg on August 28 of this year from Rs 11 per kg in the year-ago period. Similarly, the wholesale price of tomato at Jalgoan in Maharashtra -- the country's sixth largest tomato growing state -- fell by 80 per cent to Rs 4 per kg on August 28 from Rs 21 per kg in the year-ago period. Tomato prices at Aurangabad declined to Rs 4.50 per kg from Rs 9.50 per kg, while that of Solapur to Rs 5 per kg from 15 per k
Food items showed a slight inflation of 1.13 per cent in May, but vegetable prices declined
The annual rate of inflation, based on monthly wholesale price index (WPI), stood at 3.46 per cent in December 2018.
In January, prices rose a provisional 5.25 per cent
Wholesale food prices last month rose 5.75 per cent year-on-year