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Searched Tag: vegetable prices
In May 2024, retail food inflation held steady at 8.69% year-on-year, a slight dip from April’s 8.7%, according to the latest data. The persistent high prices of vegetables, pulses, and cereals were key contributors to this inflation rate.

Vegetable price surge amid heatwave impact

June 13, 2024, 12:03 AM - 2 mins read

“The present heatwave has taken a toll on vegetable supplies, with prices of potatoes, tomatoes, and onions rising. This trend is likely to continue for another month or two,” said Madan Sabnavis, Chief Economist at Bank of Baroda.

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As extreme weather conditions continue to wreak havoc across the globe, their impact is not limited to electricity bills but is significantly felt in the realm of food prices, particularly vegetables.

Extreme weather drives vegetable prices with fueling inflation concerns

April 25, 2024, 03:33 AM - 2 mins read

A recent report by Crisil has shed light on the escalating intensity and recurrence of weather disturbances, contributing to volatile vegetable prices and rising retail inflation for over a year now.

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