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.
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Tue, Oct 15, 2024
The retail inflation is projected to average 4.5 per cent in 2024-25 and align with the target on a durable basis by 2025-26, RBI deputy governor Michael Debabrata Patra has said at a conference here.
Mon, Oct 14, 2024
As per data released by the National Statistics Office (NSO), the inflation rate in the food basket rose to 9.24 per cent in September compared to 5.66 per cent in August and 6.62 per cent in the year-ago month.
Thu, Oct 13, 2022
Official data released on a showed that the retail inflation based on Consumer Price Index (CPI) was at 7.41 percent in September. It was at 7 percent in August and 4.35 percent in September 2021
Retail inflation reached at 5-month high! Will RBI raise interest rates again? How is rising inflation a big concern? Know from Anil Singhvi.
Wed, Oct 12, 2022
CPI inflation surged to 7.4 per cent in September from 7 per cent in the previous month. Industrial production in India fell 0.8 per cent in August, official data released on Wednesday showed. The rate of food items has increased from 7.6% to 8.6%. Why is inflation so high? Watch this special report on India 360.
Gold fell 2% and silver fell 6% in 3 days. Millions of hectares have been destroyed due to heavy rain on crops. Retail inflation spiked to 7.41 per cent in September, mainly due to costlier food items. Can gold and silver prices fall further in tonight's trade? Is there a chance to buy crude? Know the opinion of experts on Commodities Live.
Official data released on Wednesday showed that the retail inflation based on Consumer Price Index (CPI) was at 7.41 per cent in September. It was at 7 per cent in August and 4.35 per cent in September 2021.
Sun, Oct 09, 2022
"Under those circumstances, India's performance will stand out as being perhaps the strongest of any major economy in the world with around 7 per cent GDP growth rate in current fiscal year nonetheless," Sanyal said.
Tue, Sep 13, 2022
The United States reported its Consumer Price Index (CPI) inflation for August at 8.3%, slightly above estimates of 8.1%. Will the Fed Reserve raise interest rates again? Know the opinion of Global Market Expert Ajay Bagga on India 360.
Retail inflation cut short its three-month declining trend and inched up to 7 per cent in August mainly due to higher food prices.
Mon, Sep 12, 2022
India's retail inflation in August 2022 rose to 7%, up from 6.71% in July mainly due to high food prices. Inflation rate of vegetables stood at 13.23% in August. The inflation rate of milk stood at 6.39% in August as against 5.84% in July. The inflation rate of spices stood at 14.90% in August as against 12.89% in July. However, inflation declined in case of eggs while prices of protein foods such as meat and fish remained stable. Watch this special report on India 360.
After registering a decline for three consecutive months, retail inflation rose to 7 per cent in the month of August. It was 6.71 per cent in July.
Top stories featured on zeebiz.com - from good news related or OMCs and insurance ector to inflation and industrial production data.
The consumer price index-based inflation is above the Reserve Bank's comfort level of 6 percent for the eighth month in a row.
Mon, Sep 05, 2022
Reserve Bank Governor Shaktikanta Das on Monday said despite the latest headwinds arising from the Jackson Hole summit leading to extreme volatility, our banking system and financial markets are strong enough to withstand such pressures.
Fri, Aug 26, 2022
The RBI on its part has front-loaded monetary policy response, with a cumulative 140 basis points increase in the benchmark rate so far with an aim to check high inflation which is ruling above its comfort zone of 6 per cent for the past seven months
Fri, Aug 19, 2022
At its meeting from August 3 to 5, MPC decided to increase the benchmark lending rate by 50 basis points to 5.40 per cent with a view to tame inflation.
Fri, Aug 12, 2022
In the midst of rising inflation, the general public has got a big relief. In July, the retail inflation rate in the country has come down to 6.71 percent. Earlier in June, retail inflation stood at 7.01 percent. According to the data released by the government, food inflation has come down to 6.75 percent in July 2022. In June 2022, this figure stood at 7.75 percent. Core inflation has come down from 6 percent to 5.8 percent. Urban inflation has come down from 6.62 percent to 6.49 percent. Watch this special report on India 360.
India's retail inflation softened to 6.71 per cent in July from 7.01 per cent in June according to a data release by the government on Friday
Wed, Aug 03, 2022
As per the survey, service providers that reported higher sales in July mentioned favourable demand conditions and fruitful advertising. However, growth was dampened by fierce competition and unfavourable weather, survey participants said.
Tue, Jul 12, 2022
There has been some relief on the retail inflation front. Retail inflation fell marginally to 7.01% in June due to cheaper food items. The latest figures of industrial production in the country are indicating a good recovery in the Indian economy. The Industrial Production (IIP) of the country has increased by 19.6% in May 2022. According to IIP data, production in the manufacturing sector grew by 20.6% in May this year. Apart from this, mining production increased by 10.9% and electricity production by 23.5% in the month of May. Watch the exclusive discussion on India 360.
Retail inflation dropped marginally to 7.01 per cent in June mainly due to slight easing in food prices, though it still remained above the Reserve Bank's comfort level.
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