Economic Survey Sees Retail Price Inflation Likely To Align With Target
Going forward, food inflation is likely to soften in the fourth quarter of the current fiscal (Q4FY25)
Going forward, food inflation is likely to soften in the fourth quarter of the current fiscal (Q4FY25)
The Consumer Food Price Index (CFPI) saw a significant year-on-year rise, with food inflation provisionally recorded at 9.24 per cent for September
The data collected from selected urban markets and villages across all states and union territories highlights a comprehensive representation of the consumer price trends India witnessed a moderation in its retail inflation rate for the month of April 2024. According to the latest figures released by the Ministry of Statistics and Programme Implementation (MoSPI), the […]
Wholesale inflation in India, based on the Wholesale Price Index, remained in positive territory for the fifth month after remaining in the negative zone for seven months until October. The annual rate of inflation based on all India Wholesale Price Index (WPI) numbers is 0.53 per cent (Provisional) for March 2024 (over March 2023), showed […]
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 […]