Tag: Consumer Price Index
Indian companies are about to raise prices, putting RBI’s inflation outlook to test
India’s largest consumer companies are gearing to raise prices on products from toothpaste to tires and paint ahead of the festival season and for the…
Retail Inflation up to 4.4% on costlier food, transport
New Delhi: India’s retail inflation climbed to 4.4% in June, exceeding the central bank’s 4% target, due to higher food and transport costs, according to…
India’s June retail inflation quickens to 4.38%, crosses RBI’s 4% target after 17 months
India‘s retail inflation accelerated to 4.38% in June as elevated food and fuel prices, geopolitical tensions in West Asia and concerns over an uneven monsoon…
Retail inflation edges up to 3.9% in May
New Delhi: India’s retail inflation rose to 3.93% year-on-year in May – the highest level under the new 2024 base year series introduced in January…
India inflation likely rose to 4% in May as food, fuel costs climb
India’s inflation likely rose to the Reserve Bank of India‘s medium-term target of 4% in May, driven by a pickup in vegetable prices and higher…
RBI MPC meet: Central bank likely to maintain status quo on rates, adopt cautious approach amid West Asia crisis
Mumbai: The Reserve Bank is expected to leave the key policy rate unchanged at 5.25 per cent this week and adopt a cautious stance that…
West Asia crisis may soon make everyday goods costlier in India
New Delhi: The sharp rise in global commodity and energy prices triggered by the West Asia conflict is beginning to spread beyond crude oil and…
India’s near-term outlook clouded by supply risks, weather uncertainties: RBI report
Kolkata: India’s near-term economic outlook is clouded by supply side pressures and weather-related uncertainties while the potential second round effect of the West Asia geopolitical…
RBI not in favour of rate hikes to defend rupee, prioritises inflation
MUMBAI, – India’s central bank does not see interest rate hikes as the best way to defend the embattled rupee, three sources said, a position…
India’s inflation puzzle: How will fuel price play out
India’s inflation debate appears to be entering a complicated phase. On the surface, retail inflation appears under control, giving consumers and policymakers some relief. But…