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Friday, March 29, 2024
TopicRetail inflation

Topic: retail inflation

India’s industrial output grows 29.3% in May

Industrial production took a hit due to the prevailing pandemic since March last year when it had contracted 18.7%.

India’s retail inflation remains at 6.26% in June compared to 6.3% in May

The Centre has asked the RBI to keep retail inflation at 4% with a margin of 2% on either side. The Consumer Price Index remained above the RBI's comfort level for the 2nd month in a row.

Indian budgets feel the pinch as world prices of edible oils, meat-fish touch record highs

Rise in maize and soybean prices internationally is making chicken, fish, and eggs expensive in India, which uses products derived from these grains as feed.

India’s retail inflation spikes to 6.3% in May from 4.23% in April

Centre has asked the RBI to keep the retail inflation at 4% with a margin of 2% on either side. The central bank had left the key interest rate unchanged earlier this month.

Retail inflation climbs to 5.52% in March, Industrial production contracts 3.6% in February

The rate of price rise in the food basket accelerated to 4.94% in March. Meanwhile, manufacturing sector output declined by 3.7% and mining output slipped 5.5% in February.

Retail inflation rises to 5.03% in February, up from 4.06% in January

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 the National Statistical Office.

Retail inflation eases to 16-month low of 4.06% in January, well within RBI target

The rate of price rise in food basket was 1.89% in January this year, significantly down from 3.41% in December, according to data released by the National Statistical Office.

Inflation is set to ease further, but it’s also time India analysed price data better

Year-on-year method misses trends in prices, so month-to-month seasonal adjustment should be used. According to this, May-December avg inflation was 4.05%.

India’s retail inflation drops to 4.59 % in December

According to data released by the Ministry of Statistics & Programme Implementation, food inflation declined to 3.41% in December in 2020, compared to 9.5% in November.

IIP turned positive in Sept, but inflation ‘unrelenting’ at 77-month high of 7.6% in Oct

Inflation, highest since May 2014, rose both on account of food inflation and core inflation. Economists expect a prolonged pause in rate cuts by the RBI.

On Camera

Oka to Nagarathna—Bombay High Court judges taking up the cudgel when faith in courts eroding

When lynching, hate speech and bulldozer politics do not speedily invite the wrath of courts, then something is wrong with the third pillar of governance.

Congress attacks chief economic advisor over statement on unemployment, asks BJP govt to ‘vacate seat’

While releasing 'India Employment Report 2024', V Anantha Nageswaran said govt can't solve 'all social, economic challenges'. Congress leader Kharge says CEA protecting 'dear leader'.

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.