Retail inflation in India eased a tad in February to 5.09 per cent from 5.10 per cent the prior month. It was at a four-month high of 5.69 per cent in December. The retail inflation in India, though within RBI’s 2-6 per cent comfort level, is above the ideal 4 per cent scenario. The latest […]
India’s retail inflation rate slightly decreased to 5.09 per cent on an annual basis in February compared to 5.10 per cent in the previous month, according to data released by the Ministry of Statistics & Programme Implementation (Mospi) on Tuesday. The rate has stayed within the Reserve Bank of India’s (RBI) tolerance band of two […]
Retail inflation data is anticipated to be revised after the most recent household consumption expenditure survey revealed that the percentage of food and cereal consumption has declined dramatically. Food accounts for roughly 46 per cent of the consumer price index (CPI), according to the 2011-12 household consumption expenditure survey. The most recent statistics for 2022-23, […]
Morgan Stanley expects the Reserve Bank of India to start cutting rates from June 2024, with both retail and wholesale inflation figures remaining at a manageable level. The Monetary Policy Committee of the RBI in its February review meeting unanimously decided to keep the policy repo rate unchanged at 6.5 per cent, maintaining status quo […]
Retail inflation in India eased in January to 5.10 per cent on an annual basis compared to a four-month high of 5.69 per cent in December. Inflation rates in rural and urban areas, respectively, stood at 5.34 per cent and 4.92 per cent, down from 5.93 per cent and 5.46 per cent, reported in the […]
Retail inflation in India declined to 5.10 per cent in January due to an easing in food prices, according to the data released by the government on Monday. Inflation based on the Consumer Price Index (CPI) was 5.69 per cent in December last year. It was 6.52 per cent in January 2023. National Statistical Office […]
Indian stock indices started Tuesday’s session marginally in the green, bucking the trend from the previous session where they declined substantially due to profit booking and volatile global markets. Ease in domestic retail inflation also somewhat supported the indices today. Retail inflation in India eased in January to 5.10 per cent on an annual basis […]
The Reserve Bank of India (RBI), while maintaining the status quo in the repo rate, pegged India’s GDP growth for the next financial year 2024-25 (April-March) at 7 per cent. Quarter-wise, 7.2 per cent growth is seen in Q1, 6.8 in Q2, 7.0 in Q3, and 6.9 in Q4, respectively. RBI said that risks are […]
India’s retail inflation rose to 5.69 per cent in December which is marginally higher than 5.5 per cent in the previous month, states data released by the Ministry of Statistics and Programme Implementation (Mospi). It should also be noted that inflation, measured by the Consumer Price Index (CPI) has remained within the Reserve Bank of […]
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 […]
