India inflation seen up in June due to soaring vegetable prices

India inflation seen up in June due to soaring vegetable prices

India consumer price inflation probably edged up in June, snapping five months of declines, largely because of a jump in vegetable prices caused by the damage to crops wrought by extreme weather, according to a Reuters poll of economists. Prices of tomatoes, onions, and potatoes – staples in every Indian kitchen – surged by double … Read more

Why are milk, vegetable, and pulse prices rising? When will they come down? Here are some indicators

Why are milk, vegetable, and pulse prices rising? When will they come down? Here are some indicators

Food inflation in India has been around 8 per cent year-on-year since November 2023, with no signs of easing despite the early arrival of monsoon rains and forecasts of above-normal rainfall. This persistent inflation has kept the headline inflation above the central bank’s target of 4 per cent. Impact of Heatwave on Food Supplies A … Read more