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News
Consumer Price Index
Consumer Price Index News
RBI
15 Oct 2024
Rising Inflation Could Prolong RBI's Neutral Stance: SBI Research
The Consumer Price Index (CPI)-based inflation rate for September reached 5.49 per cent from 3.65 per cent in August, reflecting an uptick primarily due to higher food prices.
Economy
24 Sep 2024
Indian Economy Projected To Grow At 7.1 Per Cent In FY25: Moody’s Analytics
Moody’s Analytics projected better inflation outcomes, as it reduced India’s inflation forecast to 4.7 per cent from the 5 per cent predicted earlier.
inflation rate
29 Aug 2024
Consumer Price Inflation For Farm And Rural Labourers Eases In July
The ease in inflation for rural labour comes as a welcome sign as it leaves more money in the hands of the workers to improve their living standards.
Wholesale inflation
15 Apr 2024
Wholesale Inflation Inches Up Marginally To 0.53 Pc In March
However, retail inflation declined to a five-month low of 4.85 per cent in March mainly due to cooling food prices.
Gold
15 Feb 2024
Gold Slips Rs 80; Silver Rallies Rs 600
In the international markets, spot gold at Comex was trading at USD 1,993 per ounce, down by USD 2 from the previous close.
Retail inflation
12 Jun 2023
Retail Inflation Falls To 4.25% In May As Food Prices Slide
Prices of cereals, oil, fats, fruits, beverages as well as clothing and footwear came down in May compared to April.
Retail inflation
12 May 2023
Retail Inflation Slips To 4.7% In April From 5.66% In March: Govt Data
The retail inflation based on Consumer Price Index (CPI) was 5.66 per cent in March 2023 and 7.79 percent in the year-ago period.
Inflation
15 Jan 2023
India's retail inflation is expected to come down to 5% by March: SBI research
India`s retail inflation rate is expected to remain below RBI`s comfort zone of 6 per cent and will decline materially to 5 per cent by March 2023. For January-March 2023, the average retail inflation is seen at 4.7 per cent. Retail inflation during the month of December was at 5.72 per cent: Govt data.
Retail inflation
12 Dec 2022
Retail Inflation eases to 5.88% in November month: Govt data
India retail inflation dips to 5.88%. It is below than RBI's tolerance band. RBI hiked repo rate fourth-time by 35 basis points in recent MPC meeting.
Consumer Price Index
13 Apr 2022
Retail inflation jumps to 17-month high of 6.95% in March
The inflation in the food basket shot up to 7.68 per cent in March 2022. Retail inflation was 5.52 per cent in March 2021. The food inflation stood at 4.87 per cent.
Retail inflation
14 Mar 2022
Retail inflation quickens to 6.07 pc in Feb; remains above RBI's comfort zone
The Consumer Price Index (CPI) based retail inflation was 5.03 per cent in February 2021 and 6.01 per cent in January this year. The previous high was 6.26 per cent in June 2021. In the food basket, inflation in cereals moved up to 3.95 per cent; meat and fish to 7.45 per cent.
Consumer Price Index
12 Nov 2021
Retail inflation rises marginally to 4.48% in October
According to NSO data, inflation in food basket rose to 0.85 per cent in October. The Reserve Bank of India has been tasked by the government to keep it at 4 per cent. The RBI has projected the CPI inflation at 5.3 per cent for 2021-22.
RBI
22 Oct 2021
RBI remains laser-focused to bring back inflation to 4%: Shaktikanta Das
RBI has been mandated to ensure the Consumer Price Index (CPI) based inflation is at 4 per cent. Retail inflation was above 6 per cent during May and June. It has started moving down and stood at 4.35 per cent in September.
Inflation
12 Jul 2021
Retail inflation marginally lowers to 6.26 per cent in June
Retail inflation stood at 6.26 per cent in June It was slightly higher at 6.3 per cent in May Inflation in food basket stood at 5.15 per cent
DA hike
25 May 2021
Government hikes variable DA: Here’s what it means for central workers
The hike, which will be effective from April 1, 2021, will also result in an increase in the rate of minimum wages for central sphere employees and workers. It will be for scheduled employment in the central sphere and applicable to the establishments under the authority of the central government, railway administration, mines, oil fields, major ports or any corporation established by the central government. The VDA is revised on the basis of the average Consumer Price Index for Industrial Workers (CPI-IW), a price index compiled by the Labour Bureau.
Retain inflation
12 Apr 2021
Retail inflation rises to 5.52% in March from 5.03% in Feb
The consumer price index (CPI) based on retail inflation stood at 5.03 percent in February. The rate of price rise in the food basket accelerated to 4.94 percent in March, as against 3.87 percent in the preceding month, as per data released by the National Statistical Office (NSO). Earlier this month, the Reserve Bank of India had projected the retail inflation at 5 percent in the January-March quarter of 2020-21 and 5.2 percent in the first two-quarters of the current fiscal.
Retail inflation
12 Mar 2021
Retail inflation rises to 3-month high of 5.03 % in Feb on higher food prices
The rate of price rise in the food basket accelerated to 3.87% in February, as against 1.89% in the preceding month, as per data released by NSO Inflation in the 'fuel and light' category remained elevated at 3.53% during the month vis-a-vis 3.87% in January
India retail inflation
12 Mar 2020
Consumer Price inflation eases to 6.58% in February
The CPI-based inflation has been on the rise since August 2019, and it is for the first time it has moved southward since then.
Retail inflation
12 Dec 2018
Retail inflation drops to one-and-half year low of 2.33% in November
Retail inflation stood at 4.88 percent in November 2017.
Retail inflation
12 Sep 2018
Retail inflation cools to 11-month low of 3.69% in August
CPI inflation was at 3.58 percent in October 2017 and has remained above RBI's targeted rate of 4 percent since then.
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