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Retail 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.

Retail inflation likely to average 4.5% in FY25: RBI Deputy Governor

Retail inflation likely to average 4.5% in FY25: RBI Deputy Governor

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.

Retail inflation in September hits 9-month high of 5.49%

Retail inflation in September hits 9-month high of 5.49%

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.

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Retail inflation for industrial workers rises to 6.97% in May

Retail inflation for industrial workers rises to 6.97% in May

Thu, Jun 30, 2022

"Year-on-year inflation for the month (May) stood at 6.97 per cent compared to 6.33 per cent for the previous month and 5.25 per cent during the corresponding month a year before," the Ministry of Labour and Employment said

India 360: Inflation Decreased In India As Compared To The Global Level, Watch Special Conversation With The Union Secretary

India 360: Inflation Decreased In India As Compared To The Global Level, Watch Special Conversation With The Union Secretary

Mon, Jun 13, 2022

Retail inflation based on CPI stood at 7.04% in May. The CPI in May 2021 was 6.30%. Food inflation declined from 8.31% to 7.97%. Rural inflation reduced from 8.38% to 7.01%. Inflation rate reduced from 7.79% to 7.04%. The government removed import duty on 20-25 lakh tonnes of crude soybean sunflower oil. Regulation continues on wheat and sugar. 90 lakh million tonnes of fortified rice has been produced. Watch an exclusive conversation with the Union Secretary, Sudhanshu Pandey on India 360.

Commodities Live: Retail Inflation Eased To 7.04% In May From 8-Year-High Of 7.79% In April

Commodities Live: Retail Inflation Eased To 7.04% In May From 8-Year-High Of 7.79% In April

Mon, Jun 13, 2022

There is good news for common people. Retail inflation has come down to 7.04% in the month of May. At the same time, it had reached a record 7.79% in April. This was its highest level in 8 years. At the same time, the food inflation rate was 7.97 percent in May, compared to 8.38% in April. However, it is still running above the target of RBI. RBI's inflation target is 2 to 6%.

Retail inflation eases to 7.04% in May from 7.79% in April

Retail inflation eases to 7.04% in May from 7.79% in April

Mon, Jun 13, 2022

Retail inflation eased to 7.04 per cent in May, mainly on account of softening food prices, though it remained above the RBI's upper tolerance level for the fifth consecutive month, government data showed on Monday

RBI Monetary Policy: Inflation Projected At 6.7%, GDP Growth Seen At 7.2% This Fiscal

RBI Monetary Policy: Inflation Projected At 6.7%, GDP Growth Seen At 7.2% This Fiscal

Wed, Jun 08, 2022

Real GDP growth for the year has been retained at 7.2%. MPC noted that inflation is likely to remain elevated for the first three quarters of the current financial year, seeing inflation fot the year at 6.7%.

India May services PMI growth at 11-year high at 58.9; input inflation at record highs

India May services PMI growth at 11-year high at 58.9; input inflation at record highs

Fri, Jun 03, 2022

India's dominant services sector expanded at the fastest pace in 11 years in May on strong demand, although inflationary pressures touched new highs, restricting optimism and weighing on consumers` pocketbooks, a private survey showed

India Ratings sees inflation hitting 9-year high at 6.9% in FY23; expects RBI to hike rates further

India Ratings sees inflation hitting 9-year high at 6.9% in FY23; expects RBI to hike rates further

Wed, May 18, 2022

Average headline inflation is expected to hit a nine-year high of 6.9 per cent in FY23, a PTI report said on Wednesday quoting India Ratings and Research.

India 360: Flour prices touch 12-year high as wheat procurement to touch 15-year low

India 360: Flour prices touch 12-year high as wheat procurement to touch 15-year low

Sat, May 14, 2022

The impact of inflation on the common man has increased so much that even eating bread is becoming difficult. Despite the bumper production of wheat, the retail price of flour in the country is currently at a 12-year high. Within a year, the price of flour has increased by 9.15 percent. These figures have been released by the government itself. The Department of Civil Supplies, which comes under the Ministry of Consumer Affairs, released the data and said that on May 7, the average retail price of wheat flour across the country was Rs 32.78 per kg. This is 9.15 per cent more than last year. In the same period last year, this price was Rs 30.03 per kg. Sources say that the continuous jump in the retail price of flour is coming due to the rising prices of wheat. The Russia-Ukraine war has affected the supply and production of wheat worldwide. Simultaneously, the demand for Indian wheat is increasing in the global market. Apart from this, the cost of freight is also increasing due to expensive diesel, whose direct effect is visible on the price of flour. The retail inflation rate of wheat flour reached 7.77 percent in March, which is the highest since March 2017. Then the retail price index of flour was 7.62 percent.

Retail inflation for industrial workers rises to 5.35% in March

Retail inflation for industrial workers rises to 5.35% in March

Fri, Apr 29, 2022

"Year-on-year inflation for the month stood at 5.35 per cent compared to 5.04 per cent for the previous month (February 2022) and 5.64 per cent during the corresponding month (March 2021) a year before," a labour ministry statement said

Retail inflation for farm, rural workers rises to 6.09 pc, 6.33% in March

Retail inflation for farm, rural workers rises to 6.09 pc, 6.33% in March

Wed, Apr 20, 2022

Retail inflation for farm and rural labourers increased to 6.09 per cent and 6.33 per cent, respectively, mainly due to higher prices of certain food items and clothing

India 360: Big setback on retail inflation front; Inflation rate exceeds RBI's fixed limits

India 360: Big setback on retail inflation front; Inflation rate exceeds RBI's fixed limits

Tue, Apr 12, 2022

The jump in retail inflation in March has come due to costly food items. Retail food inflation stood at 7.68% in March. Earlier it was 5.85 per cent in February. This is the third consecutive month that retail inflation has remained above the RBI's satisfactory level. RBI has fixed an upper limit of 6% for inflation rate. The supply chain was affected due to the ongoing war between Russia and Ukraine. Due to this, grain production, supply of edible oils and fertilizer exports have been affected at the global level. Due to this there has been a rise in the price of food items. The rate of palm oil has increased by about 50% this year.

What Is Dearness Allowance And How Exactly It Is Calculated? Here's All You Need To Know

What Is Dearness Allowance And How Exactly It Is Calculated? Here's All You Need To Know

Fri, Apr 01, 2022

Dearness Allowance (DA) is the cost-of-living adjustment allowance that the government pays to the employees of the public sector as well as pensioners of the same. After the World War II, the DA component was introduced by the government. Here's all you need to know about the allowance and how it is calculated for each employee.

Retail inflation quickens to 6.07% in Feb; remains above RBI's comfort zone

Retail inflation quickens to 6.07% in Feb; remains above RBI's comfort zone

Mon, Mar 14, 2022

Retail inflation inched up to an eight-month high of 6.07 percent in February, remaining above the RBI's comfort level for the second month in a row, mainly on account of a rise in food prices, official data showed on Monday.

Retail inflation for industrial workers rises to 5.84% in January

Retail inflation for industrial workers rises to 5.84% in January

Mon, Feb 28, 2022

Retail inflation for industrial workers rose to 5.84 per cent in January over the same month a year ago mainly due to higher prices of certain food items, the labour ministry said on Monday.

Retail inflation for farm, rural workers rise to 4.78%, 5.03% in December

Retail inflation for farm, rural workers rise to 4.78%, 5.03% in December

Thu, Jan 20, 2022

Retail inflation for farm and rural workers rose to 4.78 per cent and 5.03 per cent respectively in December 2021, mainly due to higher price of certain food items, official data showed on Thursday.

Retail inflation rises to 5.59% in December, shows Government data

Retail inflation rises to 5.59% in December, shows Government data

Wed, Jan 12, 2022

Retail inflation rose to 5.59 per cent in December, mainly due to an uptick in food prices, government data showed on Monday.

India's retail inflation eases to 4.35% YoY in September

India's retail inflation eases to 4.35% YoY in September

Tue, Oct 12, 2021

India`s annual retail inflation eased to 4.35% in September from 5.30% in the previous month, government data released on Tuesday showed

Retail inflation for industrial workers eases to 4.79 pc in August

Retail inflation for industrial workers eases to 4.79 pc in August

Thu, Sep 30, 2021

Retail inflation for industrial workers eased to 4.79 per cent in August mainly due to the lower price of certain food items.

Retail inflation dips to 5.3 pc in August

Retail inflation dips to 5.3 pc in August

Mon, Sep 13, 2021

Retail inflation fell marginally to 5.3 per cent in August mainly due to easing food prices, official data showed on Monday. The retail inflation based on the Consumer Price Index (CPI) was 5.59 per cent in July and 6.69 per cent in August 2020.

Retail inflation eases to 5.59 pc in July

Retail inflation eases to 5.59 pc in July

Thu, Aug 12, 2021

The Consumer Price Index based inflation was 6.26 per cent in June and 6.73 per cent in July 2020.

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