Tag: Consumer Price Index

Inflation drops to 10-month low in March 2024, but no relief on food bills yet

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Inflation drops to 10-month low in March 2024, but no relief on food bills yet

A similar easing was recorded in pulses, whose prices rose 17.7% in March, 2024, from 18.5% in February. | Photo Credit: Sushil Kumar Verma India’s retail inflation moderated to a ten-month low of 4.85% in March from 5.1% in February, but food inflation remained sticky at 8.52%, little changed from the 8.66% recorded in the…

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Indian economy to grow at 6.7% between fiscals 2024 to 2031: CRISIL

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Indian economy to grow at 6.7% between fiscals 2024 to 2031: CRISIL

Unfortunately, ‘wise’ , ‘efficient’ and ‘government expenditure’ don’t usually feature in the same sentence. | Getty Images | Photo Credit: Getty Images “The Indian economy is expected to grow at an average rate of 6.7% per annum until the end of the decade,” CRISIL said in its latest report. The economy will grow at this…

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Monetary policy ought to remain actively disinflationary: RBI governor Shaktikanta Das

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Monetary policy ought to remain actively disinflationary: RBI governor Shaktikanta Das

RBI governor Shaktikanta Das delivers the plenary address at the ‘Kautilya Economic Conclave’, in New Delhi, on October 20, 2023. | Photo Credit: PTI Reserve Bank of India (RBI) governor Shaktikanta Das on October 20 stressed that the monetary policy must remain actively disinflationary to ensure that the decline in inflation from its peak of…

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Retail inflation likely eased in September, but may be higher than RBI hopes

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Retail inflation likely eased in September, but may be higher than RBI hopes

Food inflation stood at around 10% in August. | Photo Credit: SUSHIL KUMAR VERMA India’s retail inflation is likely to have retreated below 6% in September after two months over the central bank’s tolerance threshold, thanks to cooling prices for most essential commodities and food items, barring pulses that are seeing a sustained uptick in…

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Explained | Can the new data panel improve India’s statistics?

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Explained | Can the new data panel improve India’s statistics?

In recent years, the credibility of some of NSO’s data, especially the results of various household surveys traditionally carried out by the National Sample Survey Office have come under a cloud, with even top government officials questioning their approach and outcomes. File | Photo Credit: Reuters The story so far: The Ministry of Statistics and Programme…

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