"consumer-price-index"

Telangana reports inflation rate of minus 1.16% (deflation) in the latest data, making it the only State entering the deflation zone multiple times in recent months

The retail inflation has increased from 5.49 per cent recorded in September as the prices of vegetables surged by as much as 42.18 per cent in October

The RBI’s stance suggests a continued focus on price stability, given the current economic climate

The Reserve Bank has been mandated to maintain price stability, keeping in mind the objective of growth. Price stability has been numerically defined as maintaining a headline CPI inflation target of 4.0 per cent with a tolerance band of +/- 2 per cent.

In the current fiscal, retail inflation has surpassed the Reserve Bank of India's comfort level of 6%, primarily due to higher prices of tomatoes, vegetables, and other food items.

The INSEE contributes the downward trend in inflation to lower energy prices and a slower increase in the prices of food products (for the fourth consecutive month) and of manufactured goods.

The report also said the inflation in India is likely to be below 5 per cent in the second quarter of calendar year 2024

Retail inflation for February 2023 fell marginally to 6.44 per cent compared to 6.52 per cent in January 2023

The monetary policy framework, which came into effect about six years ago, mandates the Reserve Bank of India (RBI) to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side.

By B Yerram Raju The lockdown in China, and the fresh virus outbreak in Hong Kong, Australia, the UK, Germany etc, pose a severe threat and demand extreme caution. Ukraine war remains a global concern. The ripple effects of the war are seen in the central banks raising their policy rates in the US, UK […]

Manufacturing and tourism sectors have borne the brunt of the coronavirus pandemic over the past two years. In the tourism sector alone, about 2.15 crore people have lost their jobs due to the three waves of the pandemic that crippled the economy. Considering an average household size of five members, these job losses have adversely […]

Washington: US inflation remained elevated in October as supply chain disruptions have persisted for months, surging to the highest level in three decades, the Labour Department reported. The consumer price index (CPI) soared 0.9 per cent in October after rising 0.4 per cent in September, according to the latest report released by the Department’s Bureau of […]

The govt must act to quickly rein in the runaway inflation before it inflicts further distress on people and erodes the demand, making an equitable recovery even more difficult

Food inflation stood at 5.26 per cent last month against 4.78 per cent in April 2021 and 5.88 per cent in the corresponding month a year ago.

As per the data released by the National Statistical Office (NSO), inflation in the food basket was 5.01 per cent in May, significantly up from 1.96 per cent in the preceding month.

Inflation based on food index of CPI-AL and CPI-RL is at 1.55 per cent and 1.85 per cent respectively in February 2021, a labour ministry statement said.

The monetary policy committee headed by the RBI Governor is set to revise the policy framework and inflation targets by March 31