Grocery prices for staples like tomatoes, onions, and potatoes are declining due to a high base effect from last year’s production issues. While edible oils have seen a spike, their impact on the overall food plate is limited. Consumers can expect subdued food inflation in the coming months, though rising energy costs and monsoon uncertainties pose potential risks.
Global Market Today: Asian stocks climb to record on tech, oil drops
Asian stocks hit a record high, fueled by a surge in technology shares and easing geopolitical tensions. South Korea’s SK Hynix reached a $1 trillion
May 27, 2026