Tag: Consumer Price Index
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…
Oil price shock to widen current account deficit, push inflation higher as US-Iran war continues: Expert
New Delhi: With no sign of the US-Iran war ending and global oil prices likely to reach record highs within a quarter, Santosh Mehrotra, former…
RBI’s state of economy report flags upside risks to inflation due to supply shock and weather uncertainties
Kolkata: The ongoing disruptions in cargo movement through the Strait of Hormuz along with the domestic weather-related uncertainties have raised the upside risks to inflation,…
India’s wholesale inflation rises to 11-month high of 2.13% in February
New Delhi: India’s gauge for wholesale prices climbed to an 11-month high of 2.13% year-on-year in February, led by higher costs of primary goods including…
Retail inflation climbs to 3.21% in February
NEW DELHI: Retail inflation rose 3.21% year-on-year in February from 2.74% in January, largely due to a low base effect and higher food prices, official…
Food prices push India’s inflation to 3.21% in February
Retail inflation rose 3.21% year-on-year in February from 2.74% in the month before, driven by higher food prices, official data released Thursday showed. This is…
$50 oil surge could wipe out 2% of India’s GDP, warns Axis Bank’s Neelkanth Mishra
Mumbai: In a sharp assessment of India’s macroeconomic vulnerabilities, Neelkanth Mishra, Chief Economist of Axis Bank and Head of Global Research at Axis Capital, warned…
New series will better reflect consumption patterns, reduce volatility: RBI Guv
Reserve Bank of India Governor Sanjay Malhotra on Monday said the new CPI inflation series based on 2024 prices will better reflect Indian households’ consumption…