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.
"A bumper kharif (summer crop) harvest is expected to lower food inflation in the coming months," the report said.
The spiralling inflation has forced homemakers to tweak their budgets, slashing consumption of nutrient-rich food by almost 40 percent, a survey by an industry chamber said here Sunday.The survey, which was conducted in October-November, revealed ...
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.
A generation ago, a top Bordeaux or Burgundy was an affordable luxury, available to the middle class. The same was true of great wines from California and Italy. But rapid price inflation over the past ...
A new survey has found that most Britons are concerned about the increasing cost of food, as price rise puts pressure on already squeezed consumers.The consumer group Which? released the survey report Sunday saying that ...
Inflation in India is expected to have edged up on higher food costs in March, snapping a three-month easing trend that will give the Reserve Bank of India (RBI) less scope to support the economy ...
Reserve Bank of India (RBI) Governor Raghuram Rajan has cut interest rates three times this year to boost growth, but he has since warned he will not cut again if poor rains drive up prices ...
Prices of many foodstuffs such as pulses, sugar, vegetables and poultry products are set to surge in India.
Millions of Americans are finding out this month that the price of their health insurance is going up next year as it did this year, last year, and most of the years before that.