Retail inflation, after averaging 6.7% in FY23, declined to 5.4% in FY24, thanks to effective administrative and monetary policy responses. Food inflation rose from 6.6% in FY23 to 7.5% in FY24
The soaring prices of essential food items, especially garlic and onion, have hit hard on the common people, who are already reeling under the economic and social impact of the COVID-19 pandemic. The retail price of garlic has nearly doubled in the last six weeks, reaching Rs 250 per kg, while the wholesale price ranges […]