Food Prices

The latest WPI data comes days after Consumer Price Index data showed retail inflation hit a 14-month high of 6.2 per cent, also spurred by a rise in food prices

With the aim of easing the price rise challenge, the Ministry of Consumer Affairs, Food and Public Distribution and National Co-operative Consumers' Federation of India Ltd (NCCF) have started distribution of essential food grains in Bengaluru at an affordable price. In a press statement issued by NCCF on Friday, it was mentioned that these products are made available in Phase 2 of Bharath products. Under the initiative, high quality essential grains are made available at an affordable rate for Bengaluru residents. Bharath rice is being sold at Rs 34, while the Bharath wheat flour Rs 30, Bharath Chana Dal Rs 70 and Bharath Moong Dal is being sold at just Rs 107. The market rate for the same products are rice Rs 55-60, atta Rs 45-50, dal Rs 90-100 and moong dal Rs 120-130. This scheme was launched in Bengaluru on October 30, as per the directions of Prime Minister Narendra Modi, Umion Minister for Consumer Affairs, Food and Public Distribution Pralhad Joshi, Union Ministers Nimuben

Severe food crises threaten hundreds of thousands of people in vulnerable areas, including the Palestinian territories, Sudan, South Sudan, Haiti, and Mali, where populations face or near famine, says a report by the United Nations' food agencies released on Thursday. Conflicts, economic instability, and climate shocks -- combined with reduced funding for emergency food and agriculture assistance -- are driving alarming levels of acute food insecurity, the report warned. Immediate, scaled-up intervention is needed to prevent further deterioration in these already vulnerable regions, it added. The UN Food and Agriculture Organization and the World Food Programme said acute food insecurity is projected to worsen across 16 hunger hotspots during the next six months in 14 countries and two regions. Sudan, South Sudan, Haiti, Mali and the Palestinian territories remain at the highest concern level, the report said. Chad, Lebanon, Myanmar, Mozambique, Nigeria, the Syrian Arab Republic a

The Bharat brand provides kitchen staples at subsidised rates. It was launched as a part of the govt's broader aim to make essential goods more affordable for middle-class consumers

In September, retail inflation was 5.49 per cent and food inflation at 9.24 per cent. Vegetable prices were 36 per cent higher than a year ago

While the September inflation print may see a significant pick-up as base effects turn adverse and food prices register an upturn, food inflation, the RBI said, is expected to ease by Q4:2024-25

Food price inflation surged to 11.53 per cent during the month compared to 3.11 per cent in August, data released by the Ministry of Commerce and Industry on Monday showed

Food prices, which account for nearly half of the retail inflation, rose 5.66 per cent in August, compared with a 5.42 per cent climb in the previous month

Although food prices, which make up nearly half the inflation basket, have eased significantly in the last two months, erratic monsoon rains across India could harm crop yields

Soaring food prices this summer present an additional headache for the world's second-largest economy, which is already wrestling with thorny problems from sluggish factory output and joblessness

Officials are depressingly hesitant to touch anything to do with food production and prices, since these are particularly sensitive politically

On the other hand, the prices of potatoes (76.23 per cent) and fruits (15.62 per cent) accelerated during the month

Retail inflation fell below the Reserve Bank of India's target of 4 per cent largely due to the high-base effect, suggesting the slower pace of price rises was temporary

In June, food inflation was at its highest rate since December at 9.36 per cent, while the headline inflation was at 5.08 per cent

Most respondents expect rate cuts from Dec; change in stance unlikely

The retail price for 'Bharat atta' and 'Bharat rice' has been revised for new stocks

'Roti, kapda aur makaan' (food, clothing, and shelter) are the needs of the common man, citizens speak on Union Budget 2024-25 expectations

Move towards 4% target should provide signal for monetary policy to respond

The inflation in food prices stood at 10.87 per cent during the month, the data released by the Ministry of Commerce and Industry on Monday showed

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