# When it rains, it soars! Kitchen budgets on fire - The Economic Times

> Indian food prices have risen sharply in the past month, with edible oils, rice, flours and vegetables up as much as 50% sequentially in some cases. Heavier-than-expected monsoon rains, lower crop output and a rupee that fell from 85.90 to 87.82 per US dollar are cited as drivers.

- Date: 2025-08-06 · published 2025-08-06T12:00:00.000Z
- Category: weather · region India · magnitude medium
- Page: https://feedsoft.ai/events/12119-when-it-rains-it-soars-kitchen-budgets-on-fire-the-economic-times
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Monsoon damage to crops and a weaker rupee raise the landed cost of imported edible oils, supporting palm oil and other vegetable oil prices. Domestic grain and oilseed prices are also firmer.

## Read by commodity

- USDINR: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2026-04-16 | [How El Nino-driven weaker monsoon rains could impact India - The Economic Times](https://feedsoft.ai/events/19704-how-el-nino-driven-weaker-monsoon-rains-could-impact-india-the-economic-times.md) | +0.8% | -0.8% |
| PALMOIL | 2021-08-12 | [India gets below-average monsoon rains for second straight week](https://feedsoft.ai/events/45522-india-gets-below-average-monsoon-rains-for-second-straight-week.md) | -0.9% | +1.3% |
| PALMOIL | 2021-08-23 | [Crop sowing lags in India on scanty rains, raises concerns over yields \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/45520-crop-sowing-lags-in-india-on-scanty-rains-raises-concerns-over-yields-economy.md) | +0.7% | +0.7% |
| PALMOIL | 2023-09-06 | [From rice to palm oil, crop output forecasts for Asia-Pacific lower as El Nino strengthens \| The Straits Times](https://feedsoft.ai/events/33998-from-rice-to-palm-oil-crop-output-forecasts-for-asia-pacific-lower-as-el-nino.md) | -4.2% | -6.4% |
| PALMOIL | 2021-08-17 | [Palm oil stocks record stronger H1 revenue, profits on higher CPO prices, demand - The Business Times](https://feedsoft.ai/events/45660-palm-oil-stocks-record-stronger-h1-revenue-profits-on-higher-cpo-prices-demand.md) | -1.4% | -0.2% |

## Sources

- economictimes.indiatimes.com: https://economictimes.indiatimes.com/news/economy/indicators/when-it-rains-it-soars-kitchen-budgets-on-fire/articleshow/123126955.cms

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.