Statistics New Zealand spokesman Jason Attewell said luncheon would no longer be included in the Food Price Index calculations. Nor will milkshakes, cottage cheese, spring onions, alfalfa sp… Read More

Inflation has fallen sharply in India Inflation in India is trending at low levels and food prices which are virtually at the same levels as last year is primarily the reason behind this tre… Read More

Almost everybody claims that they are worried about inflation. It is likely to be a major issue in the forthcoming election in 2014. But, there are not many satisfactory explanation for wher… Read More

In a recent post, we looked at food inflation and noted how prices were often volatile. Primary products like food and oil tend to be volatile because: Supply is inelastic in short run. (Sup… Read More