Food Price Index

Untenable to treat food price fluctuations 'transitory' in monetary policy settings: Report

Prior to July, FAO food price index had risen for four consecutive months after hitting a 3-year low in February as prices receded from a record peak set in March 2022 after Russia invaded Ukraine

The overall hike in vegetarian thali prices was attributed to a 30 per cent increase in prices of tomato, 59 per cent in potato and 46 per cent in onion

May 2024 WPI: Prices of crude petroleum & natural gas, food articles, and manufacturing witnessed a surge in May 2024 compared to April 2024

April 2024 WPI: Prices of crude petroleum & natural gas and food articles witnessed a surge in April 2024 compared to March 2024, while prices of non-food articles and minerals saw a decline

Dairy prices edged down, ending a run of six consecutive monthly gains

The Food and Agriculture Organization's (FAO) price index, which tracks the most globally traded food commodities, averaged 118.5 points in December, down 1.5% from November

The Food and Agriculture Organization's (FAO) price index, which tracks the most globally traded food commodities, averaged 120.4 points in November, 10.7% lower than last November

Sugar is the most highly controlled commodity in the Consumer Food Price Index (CFPI) basket

India's retail inflation accelerated to a five month high of 7.30% in September due to surging food prices, staying well above the Reserve Bank of India's (RBI) upper tolerance band

FAO's cereal price index rose 1.5 per cent month-on-month in September, with wheat prices climbing 2.2 per cent

Industrial output remains robust

Ashoka University has developed a first-of-its kind Daily Food Price Index (DFPI) to track inflation in retail and wholesale food markets on a real time basis, officials said on Thursday. The existing Consumer Price Index (CPI) and Wholesale Price Index (WPI) are released on a monthly and yearly basis. "The recent surge in food prices due to factors like the COVID-19 pandemic and ongoing conflict in Ukraine reflect the rapidity with which situations that affect the economy can develop. In this context, having access to more real-time data can facilitate timely market interventions and decisions related to price regulation," said Ashwini Deshpande, Director, Centre for Economic Data & Analysis (CEDA) at Ashoka University. "A delay in publication of data, and subsequent delay in policymaking, often carries a cost. Thus, the DFPI developed by CEDA would be a great public resource for policymakers, researchers and journalists," she added. Deshpande explained that CEDA's Daily Food ...

World food prices rose for a 10th consecutive month in March, hitting their highest level since June 2014, led by jumps in vegetable oils, meat and dairy indices, the United Nations food agency said

Vegetable oil prices led the upward charge in the overall index, surging 14.5% month-on-month.

Reports 10.12% deflation in fuel, power basket