Topic: Food Inflation
Price Stabilisation Fund
To address the current surge in tomato prices and ensure affordability for consumers, the government has initiated the procurement of tomatoes through the Price Stabilisation Fund (PSF). These...
Onion Shortage threatens the world
Onion shortages are increasing all over the world. From Morocco to the Philippines, the governments are protecting their onion supplies. Morocco, Turkey, and Kazakhstan have stopped exporting onions...
Black Sea Grain Deal
Ukraine is one of the largest exporters of food grains such as rapeseed, maize, wheat, and sunflower oil. The country has good access to the Black sea ports....
CPI and WPI based inflation Data Updates
The Wholesale Price Index reduced to 4.73% and the Consumer Price Index increased to 6.52% in January 2023. The WPI was 4.95% in December 2022 and the CPI... Sale of 30 LMT of wheat under Open Market Sale Scheme
Under the Open Market Sale Scheme, the Food Corporation of India sells surplus rice and wheat stocks. The prices of the food grains are pre-determined. Recently, the Government...
2022 Global Food Security Index (GFSI) Report
The 2022 Global Food Security Index (GFSI) report was released by the British weekly The Economist. In this report, South Africa overtook Tunisia to become the most food-secure... Russia withdraws from Black Sea Grain Initiative
Russia recently pulled out of the Black Sea Grain Deal, which was launched to mitigate food inflation caused by conflict in Ukraine. What is Black Sea Grain Initiative?...
World Bank study on Energy Prices
The World Bank recently released the October 2022 edition of the Commodity Markets Outlook. What are the key findings of the Commodity Markets Outlook report? The projections of... CPI inflation reaches 7.41% in September 2022
India’s retail inflation surged to a 5-month high in September, surpassing RBI’s upper margin of 6 per cent for the ninth consecutive time. Key facts Retail inflation, measured...
World Bank’s GDP projection for India
The World Bank had recently downgraded India’s real GDP growth forecast for the Financial Year 2023 (2022-23). Key facts In its latest South Asia Economic Focus Update, the... India’s Retail Inflation in August 2022
India’s retail inflation has reached 7 per cent in August 2022 – well above the RBI’s comfort level of 6 per cent. Key facts India’s Consumer Price Index... 