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Searched Tag: food inflation
Inflation declines to five-year low of 3.54% in July

Inflation declines to five-year low of 3.54% in July

August 12, 2024, 06:03 PM - 2 min read

Retail inflation in India fell to a five-year low of 3.54% in July, dipping below the Reserve Bank's 4% target for the first time since September 2019, according to government data released on Monday.

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As extreme weather conditions continue to wreak havoc across the globe, their impact is not limited to electricity bills but is significantly felt in the realm of food prices, particularly vegetables.

Extreme weather drives vegetable prices with fueling inflation concerns

April 25, 2024, 04:03 PM - 2 min read

A recent report by Crisil has shed light on the escalating intensity and recurrence of weather disturbances, contributing to volatile vegetable prices and rising retail inflation for over a year now.

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Recent developments, both on the global stage and in weather patterns, suggest a potential softening of food prices. 

Easing food inflation: A confluence of global factors and weather patterns

April 11, 2024, 05:34 PM - 2 min read

In light of these developments, policymakers must remain vigilant and proactive in their approach to managing food inflation. While global trends and weather patterns offer promising signs, structural reforms in agriculture and trade policies are imperative for long-term sustainability.

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