"food-prices"

A Bank of Baroda Research report warns of an 80 per cent probability of El Niño during June-August, raising concerns over food inflation. Despite healthy reservoir levels and adequate vegetable supplies, higher fuel costs and weather uncertainties could push inflation higher in FY27

Cheaper food and fuel prices drive down wholesale and retail inflation; RBI projects CPI at 3.1 per cent for 2025–26

The RBI projects inflation at 3.1 per cent for 2025–26, with a likely uptick above 4 per cent by year-end.

With inflation not expected to return to 4% medium-term target until at least 2026, there are fears that rate cut could be delayed further

Inflation had eased to a 12-month low of 4.75 per cent in May after having come down to 4.83 per cent in April

Food secretary Sanjeev Chopra told mediapersons that government is using all tools to control prices

India banned shipments of some rice earlier this year, resulting in a shortfall of roughly a fifth of global exports

According to the rating agency's report, food inflation in India, which accounts for a sizeable 39 per cent of the headline Consumer Price Index (CPI), is showing renewed signs of pressure