New Delhi, Sep 16 (IANS) With inflation remaining beyond the RBI’s tolerance level of 6 per cent for the past eight months, the central bank has noted that this underscores the need for the monetary policy to keep second order effects
New Delhi, Sep 14 (IANS) Wholesale inflation slid slightly to 12.41 per cent in August from 13.93 per cent recorded in July 2022, according to data released by the Commerce Ministry. Inflation in August, however, was much lesser than 16.23 per
New Delhi, Aug 16 (IANS) India’s wholesale inflation came down to 13.93 per cent in July, data released by the Ministry of Commerce & Industry showed on Tuesday. The wholesale price index (WPI) had spiked to 15.18 per cent during the
Mumbai, Aug 14 (IANS) India’s headline retail inflation rate, as measured by the Consumer Price Index (CPI), eased to 6.71 per cent in July, as compared to 7.01 per cent in June, according to the data released by the Ministry of
The WPI-based inflation declined marginally in June to 15.18 per cent against 15.88 per cent in May, due to a dip in prices of manufactured products but those of primary articles and fuel and power still edging up, an official
Chennai, July 14 (IANS) Inflation in Asia Pacific economies is expected to subside earlier as commodity prices retreat, but country-specific factors could lead to different inflation outcomes, said Moody’s Analytics. A combination of factors like the extreme weather, the Covid-19 pandemic
New Delhi, July 10 (IANS) The inflation in India is expected to ease in a gradual manner in the second half of FY23, said Shaktikanta Das, Governor, Reserve Bank of India (RBI) on Saturday. Speaking at the Kautilya Economic Conclave, organised
Reserve Bank of India Governor Shaktikanta Das, while estimating India’s overall retail inflation for FY23 at 6.7 per cent, said that the 75 per cent of the increase in inflation projections can be attributed to the food group. New Delhi,
India’s wholesale inflation gauged by the Wholesale Price Index rose to 15.08 per cent in April from 14.55 per cent in March, official data showed. New Delhi, May 17 (IANS) India’s wholesale inflation gauged by the Wholesale Price Index rose to
Sounding a red alert on India’s CPI inflation at an 8-year high print of 7.79% YoY in April, Acuite Ratings has said it may trigger quicker rate hikes. New Delhi, May 14 (IANS) Sounding a red alert on India’s CPI inflation
India’s retail inflation accelerated to 7.79 per cent in April, remaining above the tolerance limit of the central bank for a fourth month in a row, data released on Thursday showed. New Delhi, May 12 (IANS) India’s retail inflation accelerated to
The war in Ukraine will result in expensive food and energy for the next three years, the World Bank has warned, intensifying fears that the global economy is heading for a rerun of the weak growth and high inflation of
New Delhi, April 19 (IANS) High cost of ‘fuel and power’ due to the Russia-Ukraine war along with those of primary articles pushed up India’s March 2022 wholesale inflation to a 4-month high level. Accordingly, the annual rate of inflation, based
Higher cost of food items, as well as expensive fuel and manufactured goods like clothing and footwear, pushed India’s retail inflation to a 17-month high in March 2022. New Delhi, April 12 (IANS) Higher cost of food items, as well as
New Delhi, March 15 (IANS) High manufactured goods’ prices pushed up India’s February 2022 wholesale inflation on a sequential as well as on a year-on-year basis. The annual rate of inflation, based on wholesale prices, rose to 13.11 per cent last
New Delhi, Feb 14 (IANS) Lower prices of manufactured goods and a slight dip in fuel cost eased India’s January 2022 wholesale inflation on a sequential basis. Accordingly, the annual rate of inflation, based on wholesale prices, eased to 12.96 per
India does need to be wary of imported inflation, especially from elevated global energy prices, The Economic Survey for 2021-2022 has warned. New Delhi, Jan 31 (IANS) India does need to be wary of imported inflation, especially from elevated global energy
New Delhi, Dec 14 (IANS) Higher prices of commodities, food items and manufactured products lifted India’s November wholesale inflation on both sequential and year-on-year basis. Accordingly, the annual rate of inflation, based on wholesale prices, rose to 14.23 per cent last
New Delhi, Dec 13 (IANS) Higher food prices lifted India’s November retail inflation on a sequential basis, official data showed on Monday. The data furnished by the National Statistical Office showed that Consumer Price Index (CPI) inched-up to 4.91 per cent
New Delhi, Nov 16 (IANS) Higher prices of primary goods, food items and costly transport fuel stiffened India’s October wholesale inflation on both sequential and year-on-year basis. The annual rate of inflation, based on wholesale prices, rose to 12.54 per cent
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