[ March CPI 2024: India’s Consumer Price Index (CPI) inflation, also called the retail inflation, eased to 4.85% versus 5.09 percent in February 2024. The inflation is slowly moving to RBI’s comfort level of 4%. While CPI Urban inflation came in at 4.14%, CPI rural inflation was at 5.45%. The Consumer Food Price Index (CFPI) … Read more
[ MUMBAI: Coming close on the heels of the interim budget which maintained the status quo on policy front, the Reserve Bank is likely to continue with the pause on the short-term lending rate in its upcoming bi-monthly monetary policy this week as retail inflation is still near the higher end of its comfort zone, … Read more
[ New Delhi: Factory output grew 2.4% in November, the slowest pace of expansion in last eight months, while retail inflation rose to a four-month high of 5.7% in December 2023 on the back of a spurt in food prices, according to a set of government data released on Friday.The retail inflation, based on Consumer … Read more
[ NEW DELHI: India’s annual retail inflation rose to 5.69% in December from 5.55% the previous month, mainly on account of higher food prices, government data showed on Friday.The inflation based on Consumer Price Index (CPI) was at 5.55% in November 2023 and 5.72% in December 2022. In August 2023, inflation had touched a high … Read more
[ Curry mix spicing up inflation! Spices like jeera, turmeric, chillies, and others are driving up inflation due to reduced crop acreage and pest issues, affecting production. Economists note that spices inflation has consistently been over 22% since July. This surge could contribute about 0.6 percentage points to retail inflation between December and March as … Read more
