Food prices

Food delivery app Swiggy has been accused of making food prices significantly higher at the restaurant, as pointed on social media by a Twitter user.

India's retail inflation eased in February, helped by smaller rises in food prices after edging up for six straight months, raising expectations of a central bank rate cut next month.

FAO Food Price Index is a measure of the monthly change in international prices of a basket of food commodities.

World food prices fell to near a seven-year low in January, weighed down by declines for agricultural commodities, particularly sugar.

Soaring food prices drove India's headline inflation to its highest level in nearly two years in June, increasing the odds of the central bank keeping interest rates on hold next month.

The full year 2016 logged a 1.5 percent annual drop in the index

Food prices on international markets in April were almost 10 percent lower than a year ago, FAO said.

Record harvests and falling oil prices have helped to push food prices to a four-year low, improving the affordability of food in nearly three quarters of countries surveyed.

The vegetable oil index jumped 7.5% above levels seen a month ago, driven by concerns over lower than expected palm oil output.

An X post discussing the elevated prices of food items at cinema halls has received a lot of interest online.