[ad_1] India’s annual retail inflation rose to 4.81% in June from 4.31% the previous month, government data showed on Wednesday, snapping four months of easing due to surging prices for vegetables. Food inflation, which accounts for nearly half of the overall consumer price basket, rose to 4.49% against a revised 2.96% in May. Erratic and … Read more
[ad_1] NEW DELHI: Wholesale price inflation maintained its declining trend and dropped to its lowest print since May 2015 on the back of easing food, fuel and commodity prices.Data released by the ministry of commerce and industry on Wednesday showed inflation, as measured by the Wholesale Price Index (WPI), contracted by 3.5% in May, sharper … Read more
[ad_1] Prices of cereals, oil, fats, fruits, beverages as well as clothing and footwear came down in May compared to April. [ad_2] Source link
[ad_1] NEW DELHI: The moderation in the country’s retail inflation in April has validated the Reserve Bank of India’s (RBI) decision to pause the repo rate in its first 2023 monetary policy meeting, according to SBI Research.Retail inflation in India eased sharply in April to 4.7 per cent or an 18-month low, as against 5.7 … Read more
[ad_1] India’s retail inflation fell from 5.66 per cent in March to 4.7 per cent in April New Delhi: India’s retail inflation fell from 5.66 per cent in March to 4.7 per cent in April, the first time since November 2021 when it fell below 5 per cent. April food inflation has eased further to … Read more
[ad_1] India will likely witness a sub-5% inflation early this year, with an average rate of CPI at 5.2% for calendar year 23 (CY23). The RBI action, normal monsoon year, supply-side constraints getting addressed will help with ease in inflation, according to Emkay Global Financial Services. On the currency front, stronger relative growth outside the … Read more
[ad_1] New Delhi: Retail inflation in March fell to a 15-month low of 5.66 per cent and came back to the Reserve Bank’s comfort level of 6 per cent, as prices of vegetables and protein-rich items eased, showed government data released on Wednesday. The retail inflation based on Consumer Price Index (CPI) was 6.44 per cent … Read more
[ad_1] The retail inflation, based on Consumer Price Index (CPI), had stood at 6.44 per cent in February 2023 and 6.95 per cent in March 2022. Retail inflation in March 2023: The inflation in the food basket was 4.79 per cent in March, as against 5.95 per cent in February and 7.68 per cent in … Read more