18-July-2024
Economy News
 
Consumer price inflation seen up in June due to soaring vegetable prices
10-Jul-2024

India consumer price inflation probably edged up in June, snapping five months of declines, largely because of a jump in vegetable prices caused by the damage to crops wrought by extreme weather, according to a Reuters poll of economists. Prices of tomatoes, onions, and potatoes - staples in every Indian kitchen - surged by double digits last month as extreme heat and heavy floods in India's northern states disrupted agricultural production.

News Source:- https://www.business-standard.com/economy/news/consumer-price-inflation-seen-up-in-june-due-to-soaring-vegetable-prices-124071000071_1.html