Year: 2022 | Month: June | Volume 67 | Issue 3
Editorial
Abstract:
Cost of food in India increased 7.75 percent in June of 2022 over the same month in the previous year probably due to higher feedstock costs and quantum leap in minimum support prices. It reveals that the food inflation will average over 8 per cent year-on-year in 2022 from 3.7 percent in 2021. Recent ban on wheat exports and protectionist moves are likely to exacerbate global prices may have an indirect impact on domestic prices. It is expected that rice could become dearer as countries look for alternative in the wake of wheat prices increased
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