Understanding the recent tomato price spike: What lies ahead?
Before this, record-high prices were observed in July and August 2023
Climate change can trigger inflation in near future — study shows alarming impact
In a high GHG emissions scenario, by 2035, India will likely see food prices shoot up by close to 2% on an yearly basis
Malawi and maize: Prices have spiked on the back of bad weather and trade bans
Sustained excess margins in Malawi indicate that regional trade is not working well
India’s richest 5% spent 8-10 times its poorest; agri household expenditure lower than rural avg for 1st time: NSSO
Household spending increased since 1999-2000; disadvantaged sections in rural, urban India spent lowest
UN Secretary-General urges urgent action to address deadly nexus of climate, hunger and conflict
Guterres warned of a looming resurgence of food inflation globally as droughts disrupt critical supply routes like the Panama Canal
Denying MSP legal guarantee threat to India’s food security
The common apprehensions on the operation of MSP legal guarantee are irrational, promoted by administration & business lobbies
Global economy’s weakest half-decade performance in 30 years likely by end of 2024, warns World Bank
Calls for $2.4 trillion increase in investment by developing countries for course correction
Rabi sowing update: Wheat gains momentum, pulses continue to lag
Increase in area under pulses important for bringing down food inflation; Rabi paddy acreage reduced over the years
ILO projects hike in global unemployment rate: 2 million more may seek jobs in 2024
Low labour force participation, rising geopolitical tensions, high interest rates in advanced economies may raise unemployment rate to 5.2%
UN projects food inflation to go up in 2024 due to El Nino, rising geopolitical tensions
May impact food insecurity, poverty; scaling up climate financing critical to help developing countries cope with climate impact