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Understanding India s Food Inflation Book PDF Summary

Over the past decade, India has seen a prolonged period of high inflation, to a large extent driven by persistently-high food inflation. This paper investigates the demand and supply factors behind the contribution of relative food inflation to headline CPI inflation. It concludes that in the absence of a stronger food supply growth response, food inflation may exceed non-food inflation by 21⁄2–3 percentage points per year. The sustainability of a long-term inflation target of 4 percent under India’s recently-adopted flexible inflation targeting framework will depend on enhancing food supply, agricultural market-based pricing, and reducing price distortions. A well-designed cereal buffer stock liquidation policy could also help mitigate food inflation volatility.

Detail Book of Understanding India s Food Inflation PDF

Understanding India   s Food Inflation
  • Author : Rahul Anand
  • Release : 05 January 2016
  • Publisher : International Monetary Fund
  • ISBN : 9781513581347
  • Genre : Business & Economics
  • Total Page : 42 pages
  • Language : English
  • PDF File Size : 20,5 Mb

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