India’s Wholesale Inflation Quickens To 2.13% In Feb As Prices Rise
The surge is primarily due to increase in prices of other manufacturing, manufacture of basic metals, non-food articles, food articles and textiles
The surge is primarily due to increase in prices of other manufacturing, manufacture of basic metals, non-food articles, food articles and textiles
The Monetary Policy Committee says that headline inflation for 2025-26 is now projected at 2.1 per cent with Q4 at 3.2 per cent
Centre will also cut the weight of food and beverages to 36.75 per cent in the new consumer price index (CPI) series from 45.86 per cent currently
The report states that it is projected to average above 1.5 per cent in the fourth quarter of the current financial year (Q4FY26)
The rise in headline inflation and food inflation during November 2025 is mainly attributed to an increase in inflation of vegetables, egg, meat and fish, spices and fuel and light
The survey reveals that households have reported easing of price and inflationary pressures in most of the product groups, including food products, non-food products
The RBI Monetary Policy Committee (MPC) states that food supply prospects have improved on the back of higher kharif production, healthy rabi sowing, adequate reservoir levels
The report notes that the forthcoming introduction of the new CPI series with a 2023-24 base year will be an important development to watch
The ministry notes that agricultural activity continues to create a favourable environment for the inflation outlook
Poonam Gupta says that the central bank uses a varied set of approaches to generate its growth projections