Food Price

Bean curd is getting more expensive because of some unusual market dynamics that have livestock gobbling up soybeans meant for humans

FAO food price index jumped to its highest point since Dec. 2014, averaging 181.7 points, up 2.5% on the previous monthFor the year as a whole, the index averaged 171.5 points, 1.8% higher than in 2018 but below the peak of 230 points reached in 2011

India's March consumer inflation was an annual 2.86%Monsoons are crucial for India's food prices and economic growth with half of the country's farmland lacking irrigation

India's annual retail inflation picked up in Feb to 2.57%, after easing to a downwardly revised 19-month low of 1.97% in JanOn 4 April, the RBI's MPC is widely expected to cut the benchmark repo rate for the second straight meeting

Truckers are protesting against high diesel prices and the compliance difficulties posed by the goods and services tax (GST) rules

Former RBI governor C. Rangarajan said the inflation, which rose to 3.58% in October, may ease by December and end up below 4% by the end of the current fiscal

RBI's Viral Acharya view against thinking of easier money as a tool to fix banks' bad loans holds as an argument against rate cut as it would relax the pressure on lenders to clean up their books

The wholesale price index (WPI) fell to 0.90% in June compared to 2.17% a month ago

Consumer price inflation is predicted to cool to 1.70% in June, easing further from May's 2.18%, according to the poll of more than 30 economists taken over the past week

Food and Agriculture Organization (FAO) said the world food prices rose 1.4% in June over the previous month and 7% over June of last year