Morgan Stanley expects retail inflation to moderate to Reserve Bank of India’s 6 per cent upper tolerance target only from November. Retail inflation in India rose sharply in July to 7.44 per cent and in the process breached RBI’s 6 per cent upper tolerance target, largely due to a sharp spurt in vegetable, fruit, and […]
Bucking the trend, retail inflation in India rose considerably in June to 4.81 per cent, largely due to a sharp spurt in vegetable prices. The inflation index for rural and urban was 4.72 per cent and 4.96 per cent, respectively. Back in May, the retail inflation was at 4.25 per cent, hitting a two-year low. It […]
The vegetable market in Assam’s capital city Guwahati has witnessed a significant surge in prices for all green vegetables after the flood hit several districts of the state and damaged crops. From tomato to green chilli, the price of every green vegetable is skyrocketing in the markets of Guwahati. Tomatoes are being sold at Rs […]
Tomato prices have recently shot up in the markets across the country from Rs 10-20 per kg to a price of Rs 80-100 per kg. The reason behind this is the dip in supply due to heatwaves in tomato-growing areas and heavy rain. Ajay Kedia, a Mumbai-based commodity market expert and head of Kedia Advisory […]
