Food Price Index
Cautious monetary policy needed if food inflation persists: RBI paper
Untenable to treat food price fluctuations 'transitory' in monetary policy settings: Report
 "Cautious monetary policy needed if food inflation persists: RBI paper")
World food prices ease slightly in July, says UN; meat, sugar costs up
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
 "World food prices ease slightly in July, says UN; meat, sugar costs up")
Costlier veggies make vegetarian thali dearer by 10% in June: CRISIL
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
 "Costlier veggies make vegetarian thali dearer by 10% in June: CRISIL")
India's wholesale inflation rises to 15-month high of 2.61% in May
May 2024 WPI: Prices of crude petroleum & natural gas, food articles, and manufacturing witnessed a surge in May 2024 compared to April 2024
 "India's wholesale inflation rises to 15-month high of 2.61% in May")
India's WPI-based inflation reaches 13-month high of 1.26% in April
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
 "India's WPI-based inflation reaches 13-month high of 1.26% in April")
World food prices up in April for second consecutive month, says UN agency
Dairy prices edged down, ending a run of six consecutive monthly gains
 "World food prices up in April for second consecutive month, says UN agency")
UN's world food price index ends 2023 around 10% below 2022 levels
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
 "UN's world food price index ends 2023 around 10% below 2022 levels")
World food price index unchanged in November, says UN food agency
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
 "World food price index unchanged in November, says UN food agency")
Sugar outlook turn sweeter on prospects of higher prices due to less rain
Sugar is the most highly controlled commodity in the Consumer Food Price Index (CFPI) basket
 "Sugar outlook turn sweeter on prospects of higher prices due to less rain")
 "A veg thali now costs 28% more. What is to blame?")
Sept retail inflation likely to hit five-month high of 7.30% on food prices
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
 "Sept retail inflation likely to hit five-month high of 7.30% on food prices")
World food price index fell for sixth consecutive month in September: FAO
FAO's cereal price index rose 1.5 per cent month-on-month in September, with wheat prices climbing 2.2 per cent
 "World food price index fell for sixth consecutive month in September: FAO")
Cooling food prices pull inflation down to five-month low in July
Industrial output remains robust
 "Cooling food prices pull inflation down to five-month low in July")
Ashoka University develops Daily Food Price Index to track food inflation
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 ...
 "Ashoka University develops Daily Food Price Index to track food inflation")
World food price index rises in March for 10th month running: FAO
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
 "World food price index rises in March for 10th month running: FAO")
World food price index jumps in November to almost six-year high - FAO
Vegetable oil prices led the upward charge in the overall index, surging 14.5% month-on-month.
 "World food price index jumps in November to almost six-year high - FAO")
Covid-19 impact: Centre releases truncated WPI inflation data for April
Reports 10.12% deflation in fuel, power basket
 "Covid-19 impact: Centre releases truncated WPI inflation data for April")
