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The retail inflation data for October once again underscore the fact that the update of the Consumer Price Index (CPI) cannot happen fast enough. The data show that the rate of overall inflation fell to just 0.25%, the lowest it has been since at least January 2012. On the face of it, this would be…
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This image is used for representational purpose only. | Photo Credit: Getty Images/iStockphoto The Ministry of Statistics and Programme Implementation is all set to conduct two key economic surveys — to measure household finances and to gauge the economic situation of India’s farmers — between July 2026 and June 2027, the Ministry announced on Thursday…
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The Index of Industrial Production (IIP), the nation’s monthly barometer of goods output, revealed a 10-month low growth rate in June, at 1.5%, largely due to the sharp contraction in mining activity, by –8.7% (10.3% in June 2024), and electricity output, by –2.6% (8.6% in June 2024). The early onset of the southwest monsoon, with…
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Inflation in consumer prices eased to a nearly five-year low of 3.54% in July, with food price rise moderating to 5.4% from a six-month high of 9.4% in June, thanks to base effects from last July when retail inflation stood at 7.4% and the food index was up 11.5%. File | Photo Credit: Sushil Kumar…
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“The government has formed various Committees after the year 1947…including Standing Committee on Economic Statistics,” Minister of State for Statistics Rao Inderjit Singh said in a written reply to Lok Sabha. File | Photo Credit: PTI The government on August 9 said Standing Committee on Economic Statistics has been renamed as Standing Committee on Statistics….
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