Retail inflation for industrial workers saw a decrease to 6.91 per cent in August from 7.54 per cent in July this year, primarily driven by lower prices of certain food items. According to a statement from the Labour Bureau, “Year-on-year inflation for August was at 6.91 per cent, compared to 7.54 per cent the previous […]
Morgan Stanley expects retail inflation to moderate to Reserve Bank of India’s 6 per cent upper tolerance target only from November. Retail inflation in India rose sharply in July to 7.44 per cent and in the process breached RBI’s 6 per cent upper tolerance target, largely due to a sharp spurt in vegetable, fruit, and […]
The Consumer Price Index (CPI) points to potential fluctuations in retail inflation in India, ranging from 5.6 to 6.6 per cent for July. This variation is primarily attributed to a surge in expenses within the food sector. The unveiling of this statistic by the government is scheduled for Monday. Over the past two months, food […]
Retail inflation in India which rose in June after falling in the preceding four months is projected to rise further in July due to rising food prices, said Crisil in a report on Wednesday. July retail inflation data is due next week. According to the rating agency’s report, food inflation in India, which accounts for […]
Wholesale inflation in India based on the Wholesale Price Index continued to stay in the negative zone for the third straight month in June, besides hitting a fresh multi-year low. The June wholesale inflation came in at (-) 4.12 per cent against (-) 3.48 per cent in May, as against minus 0.79 the previous month […]
Bucking the trend, retail inflation in India rose considerably in June to 4.81 per cent, largely due to a sharp spurt in vegetable prices. The inflation index for rural and urban was 4.72 per cent and 4.96 per cent, respectively. Back in May, the retail inflation was at 4.25 per cent, hitting a two-year low. […]
Bucking the trend, retail inflation in India rose considerably in June to 4.81 per cent, largely due to a sharp spurt in vegetable prices. The inflation index for rural and urban was 4.72 per cent and 4.96 per cent, respectively. Back in May, the retail inflation was at 4.25 per cent, hitting a two-year low. It […]
Retail inflation in India further eased sharply in May to 4.25 per cent, hitting a two-year low. It was at 4.7 per cent in April and 5.7 per cent the previous month. The inflation index for rural and urban was 4.17 per cent and 4.27 per cent, respectively. The sub-index for oils and fats, fruits […]
Emkay Institutional Equities, a part of Emkay Global Financial Services, expects India will likely witness a sub-five per cent inflation in the early part of 2023, with an average rate of Consumer Price Index at 5.2 per cent for the entire calendar year. The RBI’s monetary policy actions, forecast of a normal monsoon this year, […]
The Reserve Bank of India, in its monthly bulletin on Tuesday, noted that consumer price inflation (or retail inflation) in India remained high while core inflation defied to reflect the softening of various input costs. “Consumer price inflation remains high and core inflation continues to defy the distinct softening of input costs,” RBI said in […]
