commodity tipsFutures tipStock advisory CompanyStock Advisory in IndoreStock Market TipsTop 10 advisory company in Indore
Stock advisory Company, Farmers selling cheap, so why do fruits and veggies cost you a bomb?
Foodgrain production in 2016-17 is estimated at 276 million tonnes and in 2017-18 it is targeted at 275 million tonnes
As Finance Minister Arun Jaitley gets down to finalize his Budget Speech, which many believe could be focused on the farm sector, the December data on consumer food price index (CFPI) and its wholesale price counterpart should offer some insight.
The CFPI-based inflation for the month of December rose to 4.96 percent year-on-year from 4.35 percent in November. In contrast, the wholesale price index-based food inflation declined from 6.06 percent in November to 4.72 percent in December. As such, retail price food inflation has crossed past wholesale price one for the first time in the recent months.
Though this divergence in the movement of inflation isn’t uniform across all commodities in the group but the index numbers are a pointer to the fact that while farmers continue to reel under the impact of the low rise in prices aggravating the distressing scenario in rural areas, consumers in cities aren’t getting farm goods that cheap.
Stock Advisory Company Get Special offer Today subscribe now Stock advisory Company or Call This No. >> @9644405056
0 comments
Note: only a member of this blog may post a comment.