Retail therapy

India’s food price inflation is a major driving factor behind the country’s overall accelerating inflation over the past few years. Agricultural food prices in particular have risen recently. Over the past year, vegetables have become costlier by 18%, pulses by 14%, milk by 10%, and eggs, meat and fish by 12%. The rise in fruit prices was, however, relatively smaller (5%), as it was for cereals (3%).

Read Full Story>>