pratiyogita kiran monthly magazine FOOD INFLATION Why in News? The Consumer Price Index (CPI) based inflation or Headline inflation touched an 8year high of 7.79% in April. Food Inflation in India Food Inflation It is a measure of change in retail prices of food products consumed by a population group in a given area with reference to a base year. pratiyogita kiran monthly magazine online purchase In last 6 months CFPI has increased from 0.68% in September 2021 to 8.38% in April 2022 due to rise in price of various commodities (see graph). Factors leading to Food Inflation The current inflation is principally supply shockdriven leading to large and quick rise in relative prices globally. In India the rise in food inflation can be attributed to low base year inflation and number of other factors as given below Global Factors pratiyogita kiran monthly magazine subscription
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