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Headline inflation has slowed in India mainly because of lower food prices, but the volatility of these prices remains an issue, Moody’s Ratings said. | Photo Credit: PTI Volatile and high food prices remain a concern, but base effects may help temper India’s retail inflation pace in June and possibly even cool it below 4%…
Read More “‘Food prices a worry but June inflation may not exceed 5%’” »
Food inflation surged to a four-month high of 8.7% in April from 8.52% in March. Representational file image. | Photo Credit: Reuters Consumers faced a further acceleration in steep food prices in April, even as India’s overall retail inflation remained virtually unchanged at 4.83% last month, compared with 4.85% in March. Food inflation surged to…
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…
Read More “Inflation drops to 10-month low in March 2024, but no relief on food bills yet” »
Photo used for representation purpose only. | Photo Credit: Reuters India’s economy is expected to remain robust over the next two years even though headline growth in the country’s Gross Domestic Product (GDP) is forecast to slow from 7.6% in 2023-24 to 7% this year before improving to 7.2% in 2025-26, the Asian Development Bank…
Read More “ADB pegs India’s GDP growth at 7% in 2024-25, 7.2% next year” »
Prices of food remained elevated. File | Photo Credit: SUSHIL KUMAR VERMA India’s retail inflation remained virtually unchanged at 5.09% in February from 5.10% in January, even as food prices paid by consumers rose from 8.3% to 8.66%, the National Statistical Office said on March 12. The industrial output growth slowed to 3.8% in January,…
Read More “Retail inflation eases marginally to 5.09% in February” »
Coming after a 11-year hiatus, the latest Household Consumption Expenditure Survey findings based on surveys conducted between August 2022 and July 2023, shall feed into a possible review of the Consumer Price Index. | Photo Credit: The Hindu India’s headline inflation is expected to trend down creating more room for monetary and fiscal policy to…
Read More “With food spends down in the country, growth may get leg-up” »
Retail inflation declined to a three-month low of 5.02 in September. New Delhi: Retail inflation declined to a three-month low of 5.02 in September, mainly due to easing food prices, according to the government data released today. The inflation has come back to the Reserve Bank’s comfort level of below 6 per cent after a…
Read More “Retail Inflation Declines To 3-Month Low Of 5.02% In September” »
Oil pump jack is seen in front of displayed Israeli flag in this illustration taken, October 8, 2023. | Photo Credit: Reuters A protracted Israel-Hamas conflict could spur oil prices beyond India’s comfort zone and even if the government holds retail fuel prices ahead of critical elections, wholesale prices may spike and a higher import…
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…
Read More “Retail inflation likely eased in September, but may be higher than RBI hopes” »
Retail inflation declined to 6.83 per cent in August compared to July, mainly due to easing food prices, according to official data. The Consumer Price Index (CPI) based inflation was at 7.44 per cent in July and at 7 per cent in August 2022, as per the data released by the National Statistical Office (NSO)…
Read More “Retail Inflation Eases To 6.83% In August From 7.44% In July” »
