Tag: india inflation

Wholesale price inflation rises to 8.3% in April on sharp spike in fuel, power, crude

May 14, 2026 admin

Inflation in food articles was 1.98% in April, compared to 1.90% in March. In non-food articles, inflation rose to 12.18% during April, 11.5% in the previous month, data released by the commerce and industry ministry showed. File | Photo Credit: The Hindu Wholesale price inflation shot up to 8.30% in April, from 3.88% in March,…

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FMCG companies bracing for another round of price increases amid inflation

May 10, 2026 admin

Daily essential products such as soaps, detergents, biscuits, packaged foods, and beverages are expected to get costlier as leading FMCG companies are preparing for calibrated price hikes on account of rising crude-linked inflation, higher packaging costs, and fuel expenses from geopolitical disruptions which are squeezing margins. The executives of FMCG (fast-moving consumer goods) makers, which…

Business

PM’s entire focus not on reducing inflation but on data manipulation, propaganda: Congress

November 28, 2024 admin

Congress general secretary (communication) Jairam Ramesh | Photo Credit: ANI The Congress on Thursday (November 28, 2024) alleged that Prime Minister Narendra Modi’s entire focus is not on reducing inflation, but on showing low inflation figures, and said a government that is focused on propaganda and data manipulation is not one that can be relied…

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‘Abandoning RBI’s inflation target regime could be risky, counterproductive’

August 20, 2024 admin

The Reserve Bank of India’s (RBI’s) inflation targeting regime has worked well and need not be abandoned in favour of a more discretionary regime that could be risky and counterproductive, a new research paper has said. The paper titled ‘Inflation Targeting In India: A Further Assessment’ said the weight of food-price inflation in the CPI…

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India’s short-term inflation moderate, but requires long-term measures: Economic Survey

July 22, 2024 admin

The survey found that specific measures were needed to stabilise prices of food items that recorded high inflation in recent times such as milk and edible oils | Photo Credit: SANDEEP SAXENA Inflation risk outlook in India is under control in the short run, but requires policy measures to achieve long-term price stability, according to…

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Wholesale price inflation rises to 3.36% in June, highest in 16 months

July 15, 2024 admin

India’s wholesale prices rose 3.36% in June from a year earlier, government data showed on July 15, 2024. File | Photo Credit: ANI Inflation in India’s wholesale prices accelerated to 3.4% in June, the highest in 16 months, from 2.6% in May, led by a spike in food inflation to 8.7% and a near-doubling in…

Business

RBI MPC member Ashima Goyal: As India develops, problem of high food inflation will get less severe

April 25, 2024 admin

The problem of high food inflation will be “less severe” in India going ahead, as modern supply chains with diversified sources can help quickly address sudden spikes in prices of specific food items, RBI Monetary Policy Committee (MPC) member Ashima Goyal said on April 25. Stressing that the share of food in the household budget…

Business

Strong Domestic Demand Supporting India’s Growth: Morgan Stanley

April 23, 2024 admin

Pressure on food prices has been interrupting India’s ongoing disinflation process (Representational) New Delhi: Morgan Stanley is firm on India’s growth outlook, given the support it is getting from domestic demand. Citing high-frequency data, the global investment banking firm said it remains constructive on the growth outlook. Against that backdrop, it expects India’s GDP growth…

Nation

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

April 12, 2024 admin

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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2024 brings breather on inflation but food prices are still sticky

February 12, 2024 admin

Retail inflation eased to a three-month low, official data show. File | Photo Credit: Special Arrangement India’s retail inflation eased to a three-month low of 5.1% in January from 5.7% a month earlier, with food price rise cooling a bit to 8.3% compared with 9.5% in December 2023. January’s headline inflation pace is slightly higher…

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