World Perspectives
feed-grains livestock softs

Indian Subcontinent Regional Analysis

India's retail inflation reached a 21-month high of 5.76 percent in May 2016, largely fueled by protein demand, espcially for pulses. The expected good monsoon may slowly improve the situation, but GOI is also considering steps to control prices. GOI Boosts Pulses Imports and the Buffer Stock as Retail Inflation Rises India's retail inflation, measured by the Consumer Price Index (CPI), reached a 21-month high of 5.76 percent in May 2016. Surging prices of sugar, vegetables and, especially, pulses fueled the increase from 5.47 percent in the previous month. Those prices rose 11-32 percent from a year ago. Food inflation also accelerated to 7.55 percent from 6.4 percent in April.The expected good monsoon may slowly improve the situation, a...

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