Inflation weighs heavily, private consumption growth slows down, annual growth also at risk
Due to persistently high food inflation, particularly the urban class is reducing non-essential expenses, which is impacting demand.
Raghuram Rajan opposes excluding food inflation in setting interest rates
Raghuram Rajan, who is ex RBI governor and currently a professor of finance at US-based Chicago Booth, said the argument against excluding food inflation is that you cannot affect it.
Milk prices may remain painfully high for at least few more months
Rising out-of-home milk consumption and cattle feed prices are not the only reasons for the increase in procurement costs, the heatwave is equally to be blamed, a report by ICICI Securities has said, highlighting how inflation will make dairy companies raise prices in the coming months.
From dairy to motor fuel, how rising prices of essentials may push inflation up to 7.5% in April
Rise in input costs and increase in energy tariffs are one of the drivers of food and fuel inflation in the country, Barclays said.
Food inflation in India to increase as chicken, milk may cost more
An expected rise in food prices could be a setback for the monetary policy makers, who have been betting on softer levels.
Record global food prices benefit Indian farmers, but stoke inflation fears
The FAO’s food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 113.3 points in January 2021, 4.7 points ( or 4.3%) higher than in December 2020.
The peculiar rise of protein inflation
-The supply chain disruption in poultry continues, further hurting the nutritional standards of poorer households
-The current steep prices of items that make up the retail food basket—be it eggs, pulses or vegetables—is evidently taking a toll on millions of Indian households
