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Unlike its wealthier neighbors like Japan and South Korea, an aging society is likely to be the least of the Philippines problems in the next decades...

Rising tomato prices in India could threaten the Reserve Bank's headline inflation forecast, according to research by its Development Research Group. The study recommended better supply-chain management to ensure price stability. While tomato, onion and potato comprise only a small portion of the Consumer Price Index basket, they are responsible for a significant portion of headline inflation, the study found.

Rising tomato prices in India could threaten the Reserve Bank's headline inflation forecast, according to research by its Development Research Group. The study recommended better supply-chain management to ensure price stability. While tomato, onion and potato comprise only a small portion of the Consumer Price Index basket, they are responsible for a significant portion of headline inflation, the study found.

Investigating how volatility transmission took place in daily prices of tomato, potato and onion for the period from January 2011 to March 2021, the group said that fluctuation of the prices are generally due to common supply shocks which includes unseasonal rains to un-scrupulous hoarding of the commodity.

Wholesale tomato prices have touched an all-time high of around Rs 150 per kilogram in Indian markets last week