Food inflation and food price volatility in India: Trends and determinants
The study analyzes food inflation trends in India over the last decade. Annual trends show that different commodities have contributed to food inflation in different years and that no single commodity shows uniformly high inflation. A decomposition exercise shows that eggs, meat, fish, milk, cereals...
| Main Authors: | , , |
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| Format: | Artículo preliminar |
| Language: | Inglés |
| Published: |
International Food Policy Research Institute
2017
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/147644 |
| _version_ | 1855524589145161728 |
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| author | Sekhar, C. S. C. Roy, Devesh Bhatt, Yogesh |
| author_browse | Bhatt, Yogesh Roy, Devesh Sekhar, C. S. C. |
| author_facet | Sekhar, C. S. C. Roy, Devesh Bhatt, Yogesh |
| author_sort | Sekhar, C. S. C. |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | The study analyzes food inflation trends in India over the last decade. Annual trends show that different commodities have contributed to food inflation in different years and that no single commodity shows uniformly high inflation. A decomposition exercise shows that eggs, meat, fish, milk, cereals, and vegetables were generally the main contributors to recent food inflation. The contribution of pulses, except pigeon peas (arhar), and of edible oils remained low. Fruits and vegetables displayed a much higher degree of intrayear volatility, and high-weight commodities in the national consumption basket also showed very high inflation rates, which is a cause for concern. Results of the econometric analysis show that both supply and demand factors are important. Cereal and edible oil prices appear to be mainly driven by supply-side factors such as production, wage rates, and minimum support prices. For pulses, the effects of supply- and demand-side factors appear almost equal. The prices of eggs, meat, fish, milk, and fruits and vegetables appear to be driven mainly by demand-side factors. |
| format | Artículo preliminar |
| id | CGSpace147644 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2017 |
| publishDateRange | 2017 |
| publishDateSort | 2017 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1476442025-11-06T06:09:23Z Food inflation and food price volatility in India: Trends and determinants Sekhar, C. S. C. Roy, Devesh Bhatt, Yogesh food policies agricultural policies inflation food prices The study analyzes food inflation trends in India over the last decade. Annual trends show that different commodities have contributed to food inflation in different years and that no single commodity shows uniformly high inflation. A decomposition exercise shows that eggs, meat, fish, milk, cereals, and vegetables were generally the main contributors to recent food inflation. The contribution of pulses, except pigeon peas (arhar), and of edible oils remained low. Fruits and vegetables displayed a much higher degree of intrayear volatility, and high-weight commodities in the national consumption basket also showed very high inflation rates, which is a cause for concern. Results of the econometric analysis show that both supply and demand factors are important. Cereal and edible oil prices appear to be mainly driven by supply-side factors such as production, wage rates, and minimum support prices. For pulses, the effects of supply- and demand-side factors appear almost equal. The prices of eggs, meat, fish, milk, and fruits and vegetables appear to be driven mainly by demand-side factors. 2017 2024-06-21T09:23:07Z 2024-06-21T09:23:07Z Working Paper https://hdl.handle.net/10568/147644 en https://hdl.handle.net/10568/147692 https://hdl.handle.net/10568/147982 Open Access application/pdf International Food Policy Research Institute Sekhar, C.S.C.; Roy, Devesh; and Bhatt, Yogesh. 2017. Food inflation and food price volatility in India: Trends and determinants. IFPRI Discussion Paper 1640. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/147644 |
| spellingShingle | food policies agricultural policies inflation food prices Sekhar, C. S. C. Roy, Devesh Bhatt, Yogesh Food inflation and food price volatility in India: Trends and determinants |
| title | Food inflation and food price volatility in India: Trends and determinants |
| title_full | Food inflation and food price volatility in India: Trends and determinants |
| title_fullStr | Food inflation and food price volatility in India: Trends and determinants |
| title_full_unstemmed | Food inflation and food price volatility in India: Trends and determinants |
| title_short | Food inflation and food price volatility in India: Trends and determinants |
| title_sort | food inflation and food price volatility in india trends and determinants |
| topic | food policies agricultural policies inflation food prices |
| url | https://hdl.handle.net/10568/147644 |
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