VEGETABLE PRICE INFLATION

"Currently, the wholesale price of tomatoes is around 50 to 60 rupees per kg. The local variety is selling for 1,200 rupees per 28 kilograms (1 crate), and the hybrid variety for 1,400 to 1,700 rupees. Earlier these used to sell for around 25-30 rup...

Vegetable prices are skyrocketing, leading restaurants to consider hiking menu prices and abandoning discounts, ultimately burdening diners with higher costs for dining out. The unprecedented price surge has impacted bottom lines of eateries, forcin...

In June, India's retail inflation rose to 5.08% annually from a 12-month low of 4.75% in the previous month, according to government data. Factors contributing to the increase include heatwaves, below-normal monsoon rains, and higher prices for frui...

India's retail inflation likely remained steady at 4.7% in June, consistent with May's 4.75%, according to a poll of 10 economists by ET. The forecast range was 4.5% to 5.19%, driven by heatwaves, below-normal monsoon rains, and higher fruit and veg...

India's consumer price inflation likely rose to 4.80% in June, ending a five-month decline. Vegetable prices surged due to extreme weather conditions affecting crop production. Economists expect core inflation to remain flat at 3.10%. Stay tuned for...

Vegetable prices soar in India due to extreme weather, pushing consumer inflation up after five months of decline. Economists predict a rise to 4.80% in June. Core inflation remains low, but concerns linger over weak domestic demand and potential fu...

Tomato prices are expected to rise further in north India, including Uttar Pradesh, Delhi NCR, and Haryana, due to heavy rainfall damaging crops in Muradabad. Farmers report significant losses from both recent rains and earlier heatwaves, leading to...

Kolkata markets are experiencing high retail prices for vegetables, eggs, and poultry meat, causing suffering for the common man. Tomato prices have risen by nearly 150 per cent to Rs 80-100 per kg, while Brinjal is selling for Rs 110-140 per kg. Ot...

Tomato prices have surged to Rs 80 per kg in retail markets due to damaged road networks in Himachal Pradesh from heavy rains, reducing supplies to main consumption areas. The average retail price reached Rs 55 per kg on July 3, up from Rs 35 a mont...

Rising vegetable prices due to various factors like the heatwave and monsoon challenges have led to increased consumer spending. Authorities are urged to step in to address the situation and stabilize prices for households across the country.

A note from Madhavi Arora, lead economist at Emkay Global Financial Services Ltd, said cumulative rainfall till June 21 was 17% below the long-term average (LTA), while the weekly rainfall (till June 19) was 33% below the LTA. Overall, basin-wise re...

Food inflation in India has persisted at 8% year-on-year since November 2023. A severe heatwave has further reduced supplies of pulses, vegetables, and cereals, prompting minimal impact from export curbs and import tariff reductions. Experts suggest...

Food inflation in India, driven by supply-side factors like adverse weather affecting crops, has remained at around 8 per cent year-on-year since November 2023. The elevated prices of food has prevented interest rate cuts as headline inflation excee...

A survey by LocalCircles highlighted significant consumer concerns over rising prices of essential vegetables—onion, potato, and tomato. It found that 16% of households are cutting consumption or feeling financial strain due to these price hikes, wi...

In May, the prices of potatoes, onions, and tomatoes led to a rise in the cost of home-cooked meals for the second consecutive month, according to a Crisil report. The price of a vegetarian thali increased by 8% from the previous year to ₹27.80, wit...

RBI has kept its benchmark interest rate unchanged at 6.5% for more than a year, sticking to a relatively hawkish stance as inflation remains above its 4% target. With uncertainty over prices of vegetables and pulses, the RBI is unlikely to shift it...

India grapples with soaring vegetable and pulse prices exacerbated by a relentless heatwave affecting various regions. Limited supplies and surging demand have led to significant price hikes, particularly for potatoes, tomatoes, onions, ginger, and ...

India's inflation decreased to a low of 4.83% in April, which is the lowest in 11 months, compared to 4.85% in the previous month, due to a slight increase in food inflation caused by high vegetable and pulses prices.