[ad_1] NEW DELHI: The country’s inflation outlook for the months ahead is positive and core inflation is trending downwards, indicating a broad-based moderation in price pressures, the finance ministry’s monthly economic outlook for Feb said on Friday.“The pick-up in summer sowing is likely to help reduce food prices,” the report said, adding, retail inflation remained…
[ad_1] NEW DELHI: India’s annual retail inflation in February increased at a faster pace than expected, mainly due to higher food prices, as per government data released on Tuesday. Although there was a slight easing, with annual retail inflation coming down to 5.09% in February from 5.10% in January, it remained higher than the 5.02%…
[ad_1] NEW DELHI: Retail inflation moderated to a three-month low in Jan on the back of a favourable base and some easing in food and fuel prices, while industrial output growth rebounded in Dec, led by manufacturing.Data released by the National Statistical Office (NSO) on Monday showed inflation, as measured by the Consumer Price Index…
[ad_1] India’s retail inflation eased to a three month low of 5.10% in January 2024, showed data from the Ministry of Statistics and Programme Implementation. According to the government data, the Consumer Price Index (CPI) inflation rural stood at 5.34% and the CPI urban was at 4.92%. The combined CPI inflation for January 2024 stood…
[ad_1] 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,…
[ad_1] 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…
[ad_1] 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…
[ad_1] MUMBAI: Broad-based strengthening of economic activity in India will likely be sustained and retail inflation is expected to ease to 4.6 per cent in the first three quarters of 2024-25 from the latest print of 5.6 per cent, according to an article published in RBIbulletin released on Wednesday. The pace of global growth may…
[ad_1] 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…