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Consumer Inflation

Consumer inflation worsens to 6.21% in October from 5.49% in previous month

Consumer inflation worsens to 6.21% in October from 5.49% in previous month

Tue, Nov 12, 2024

Consumer Inflation Data: Official data released at 4 pm on Tuesday showed that retail inflation in the country—also known as consumer inflation—stood at 6.21 per cent in October, higher than 5.49 per cent the previous month.

Exclusive: As onion prices cross Rs 100/kg mark in many regions, state authorities may take stern action against hoarders

Exclusive: As onion prices cross Rs 100/kg mark in many regions, state authorities may take stern action against hoarders

Mon, Nov 11, 2024

With an aim to tackle soaring onion prices, local authorities may soon take action against hoarders and middlemen in the national capital. The Centre is closely tracking demand, supply and price trends related to onions in different locations in the country.

Retail inflation, factory output data to be released at 4 pm instead of 5:30 pm

Retail inflation, factory output data to be released at 4 pm instead of 5:30 pm

Tue, Nov 05, 2024

The Ministry of Statistics has decided to advance the timings of the release of data on Consumer Price Index (CPI) and Index of Industrial Production (IIP) by 90 minutes each to 4 pm. Currently, each data set is released at 5:30 pm on the 12th day of each month under certain conditions. Data on CPI is released at 5:30 on the next working day if the 12th falls on a holiday and on IIP at the same time the previous day if 12th falls on a holiday.

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RBI unlikely to go for immediate rate cut, despite inflation likely to cool: Ind-Ra

RBI unlikely to go for immediate rate cut, despite inflation likely to cool: Ind-Ra

Wed, Oct 30, 2024

While inflation and weak industrial activity weigh on the economy, there are positive signs in rural demand, driven by improved real wages for rural labourers in July and August 2024, and above-normal rainfall in most of the country. These factors are expected to boost consumption demand.

Retail inflation eases to 3.54% in July, lowest in nearly 5 years; here is what latest reading means for consumers

Retail inflation eases to 3.54% in July, lowest in nearly 5 years; here is what latest reading means for consumers

Mon, Aug 12, 2024

Consumer Inflation (CPI) Data: Official data released on Monday showed that retail inflation - or consumer inflation - in the country eased to 3.54 per cent in July from 5.08 per cent the previous month. Consumer inflation - determined by the Consumer Price Index (CPI) - is the rate of increase in the retail prices of a basket of goods and services.

UK inflation stays at 2% target in June, leaving possible rate cut on a 'knife edge'

UK inflation stays at 2% target in June, leaving possible rate cut on a 'knife edge'

Wed, Jul 17, 2024

The Office for National Statistics said the largest upward contribution to the annualized inflation rate came from restaurants and hotels, with some economists attributing the increases to Taylor Swift's tour of the U.K.

Chana, Tur, Urad Dal | Retail prices of pulses have not eased despite 4% decline in wholesale rates in 1 month, says Centre

Chana, Tur, Urad Dal | Retail prices of pulses have not eased despite 4% decline in wholesale rates in 1 month, says Centre

Tue, Jul 16, 2024

Inflation in Pulses: After meeting with major pulse retailers in the national capital, the central government found that retail prices are yielding higher profit margins compared to wholesale prices. Retail industry representatives agreed to adjust their margins to ensure fair retail prices, as per an official statement.

Centre tracking domestic edible oil prices, say sources

Centre tracking domestic edible oil prices, say sources

Wed, Jun 12, 2024

Edible Oil News: The Ministry of Consumer Affairs, Food, and Public Distribution is closely monitoring domestic edible oil prices, considering the improved situation of import stocks, according to sources. Stable domestic edible oil rates follow recent fluctuations during election-related demand changes. Analysts anticipate these prices to remain within the current range for the next 2-3 months.

Consumer inflation eases to 1-year low of 4.75% in May

Consumer inflation eases to 1-year low of 4.75% in May

Wed, Jun 12, 2024

Consumer Inflation Data May 2024 News: Retail inflation in India stood at 4.75 per cent last month, an improvement from the previous month's 4.83 per cent, according to to official data. Measured by the Consumer Price Index (CPI), retail inflation - or consumer inflation - indicates the rate of price increase for a specific basket of goods and services purchased by consumers. Read on to know more about what the latest CPI data indicates.

Consumer inflation eases to 4.83% in April

Consumer inflation eases to 4.83% in April

Mon, May 13, 2024

Consumer Price Index (CPI) inflation data April 2024: Retail inflation, also known as consumer inflation, in the country stood at 4.83 per cent in April, slightly better than 4.85 per cent the previous month, according to official data released on May 13. Consumer inflation is the rate of increase in the prices consumers pay for select goods and services in the country.

Retail inflation eases to 4.85% in March

Retail inflation eases to 4.85% in March

Fri, Apr 12, 2024

Consumer inflation data March 2024: Retail inflation in the country stood at 4.85 per cent in March, easing from 5.09 per cent in the previous month, according to official data released on Friday.

Explained: What is vegetable inflation and how does it impact you?

Explained: What is vegetable inflation and how does it impact you?

Sat, Mar 23, 2024

Do you know what vegetable inflation really is? A key component of overall inflation, vegetable inflation can have a significant impact on consumers, especially those with lower incomes. In India, vegetables like onions, tomatoes and potatoes have a weightage of 7.46 per cent in the overall Consumer Price Index (CPI), which tracks the prices of a host of goods and services to determine the overall consumer inflation in the country. Learn all about vegetable inflation here.

Consumer inflation at 5.09% in February vs 5.10% in previous month

Consumer inflation at 5.09% in February vs 5.10% in previous month

Tue, Mar 12, 2024

Consumer Price Index (CPI) India, retail inflation news: Consumer inflation in the country stood at 5.09 per cent in February 2024, as against 5.10 per cent in the previous month and 6.44 per cent in February 2023, according to official data released on Tuesday.

Consumer inflation eases to three-month low of 5.10% in January

Consumer inflation eases to three-month low of 5.10% in January

Mon, Feb 12, 2024

Consumer inflation in the country stood at 5.10 per cent in January, official data released on Monday showed.

Consumer inflation worsens to 5.69% in December vs 5.55% the previous month

Consumer inflation worsens to 5.69% in December vs 5.55% the previous month

Fri, Jan 12, 2024

Consumer inflation in the country stood at 5.69 per cent in December, official data showed on Friday.

Big UK inflation drop bolsters bets on Bank of England cuts next year

Big UK inflation drop bolsters bets on Bank of England cuts next year

Wed, Dec 20, 2023

The Office for National Statistics said inflation dropped to 3.9 per cent in the year to November, its lowest level since September 2021, from 4.6 per cent the previous month.

As consumer inflation eases to four-month low, here is what experts say

As consumer inflation eases to four-month low, here is what experts say

Tue, Nov 14, 2023

Raising interest rates is a monetary policy instrument that typically helps suppress demand in the economy, thereby helping the inflation rate decline.

Centre may reveal action plan next week to tame red-hot inflation

Centre may reveal action plan next week to tame red-hot inflation

Tue, Oct 03, 2023

Consumer inflation—gauged by the Consumer Price Index (CPI)—has stayed beyond the upper end of a medium-term target range for a second straight month.

Government may unveil action plan on spices soon to tame food inflation

Government may unveil action plan on spices soon to tame food inflation

Tue, Oct 03, 2023

The government is working on an action plan to tame elevated prices of food items such as spices, according to sources.

Breaking News: LPG gas cylinder prices slashed by ₹200 for all consumers, announces Centre

Breaking News: LPG gas cylinder prices slashed by ₹200 for all consumers, announces Centre

Tue, Aug 29, 2023

Big relief before the festive season! LPG cylinder price reduced by ₹ 200, central government approves subsidy

Price pressure in food items to be transitory; global uncertainty, domestic disruption to keep inflation elevated: Finance Ministry

Price pressure in food items to be transitory; global uncertainty, domestic disruption to keep inflation elevated: Finance Ministry

Tue, Aug 22, 2023

In its Monthly Economic Review for July, the ministry said going forward, while domestic consumption and investment demand are expected to continue driving growth, enhanced provision for capital expenditure by the government in the current fiscal is now leading to crowding in of private investment.

Consumer inflation worsens to 7.44% in July from 4.87% the previous month

Consumer inflation worsens to 7.44% in July from 4.87% the previous month

Mon, Aug 14, 2023

Consumer inflation in the country stood at 7.44 per cent in July as against 4.87 per cent the previous month, official data showed on Monday.

Budgeting Blues: 3 simple and best ways to beat inflation

Budgeting Blues: 3 simple and best ways to beat inflation

Mon, Oct 03, 2022

Inflation: Surging prices are affecting the pockets and people are looking for solutions to beat this situation.

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