Retail inflation easing, food prices remain a concern: RBI
Retail inflation is gradually easing but the path has been interrupted by volatile and elevated food inflation, which may cause it to reverse after a temporary fall below the target during the second quarter of 2024-25, a RBI bulletin said on Wednesday. The central bank has consistently cautioned about the volatile food prices, particularly of vegetables and some cereals, which […]
Milk and milk products’ inflation eased marginally to 8.85% in April
India’s retail inflation slid to an 18-month low of 4.7% in April, staying below the Reserve Bank of India’s 6% tolerance threshold for price rise for the second successive month, aided by the base effects from last April when it had hit an eight-year high of 7.8%. Price rise faced by urban consumers cooled to 4.85% in April […]
Milk inflation at a 7.5-year high, prices are lower in the south
Earlier this week, Mother Dairy hiked the price of full cream milk by ₹1. This means a litre of milk will now cost ₹64. This was the fourth hike in price this year by the leading milk supplier in New Delhi. A month ago, the Gujarat Cooperative Milk Marketing Federation, which sells milk under the […]
Retail inflation for milk is high, higher for dairy products
Inflationary pressures on milk remain unabated as Mother Dairy has decided to hike prices on two of its milk variants, effective Monday. While milk prices have been on the rise this year, dairy products such as curd and ice cream have witnessed even higher levels of inflation. The rise in milk prices this year is […]
Mother Dairy hikes FCM and Token milk prices in Delhi-NCR
This is the fourth round of hike in milk prices this year by Mother Dairy, one of the leading milk suppliers in Delhi-NCR with volumes of more than 30 lakh litres per day. Mother Dairy has increased the prices of full-cream milk by Re 1 to ₹64 per litre, a company spokesperson said. Mother Dairy has […]