Retail Inflation Cools Down In March, Dips To 3.34%
Experts state that retail inflation is expected to remain well within the RBI’s target band due to predicted normal monsoon and decreasing international crude oil prices
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Spike In Food Prices Take India’s Retail Inflation To 3-month High
- by BW Retail World Bureau
- December 14, 2023
Retail inflation in India rose at its fastest pace in three months in November, largely due to a spike in food prices. The retail inflation or Consumer Price Index in November was 5.55 per cent. The October consumer price index (CPI) was at 4.87 per cent and 5.02 per cent in September. The retail inflation […]
Consumer
News
RBI Keeps Policy Repo Rate Unchanged At 6.5%, Maintains Status Quo
- by BW Retail World Bureau
- October 7, 2023
As expected, the monetary policy committee of the Reserve Bank of India (RBI) in its October review meeting decided to keep the policy repo rate unchanged at 6.5 per cent, maintaining status quo for the fourth straight occasion. The repo rate is the rate of interest at which the RBI lends to other banks. At […]