Tag: Consumer Price Index
Retail inflation likely to average 4.5 pc in 2024-25: RBI DG Patra
The retail inflation is projected to average 4.5 per cent in 2024-25 and align with the target on a durable basis by 2025-26, RBI deputy…
Understanding India’s food inflation: The impact of rising tomato, onion, and potato prices
High food inflation has become a significant concern for policymakers in India, as food items account for 45.9% of the Consumer Price Index (CPI). Recent…
India’s September inflation likely overshot RBI’s 4% target: Reuters poll
India’s retail inflation in September likely overshot the Reserve Bank of India’s (RBI) 4% medium-term target for the first time since July due to a…
Minimum wages for unorganised sector increased from Oct 1 through Variable Dearness Allowance hike
The central government has revised the Variable Dearness Allowance (VDA), in response to the rising living costs, leading to a substantial increase in the minimum…
Retail inflation for industrial workers inches up at 2.44% in Aug
Retail inflation for industrial workers inched up marginally to 2.44 per cent in August against 2.15 per cent in July this year. The All-India CPI-IW…
Retail inflation for farm workers eased to 5.96% in Aug; 6.08% for rural labourers
Retail inflation for farm workers and rural labourers eased to 5.96 per cent and 6.08 per cent, respectively, in August against the comparative figures of…
Still some distance to cover on inflation, can’t look the other way: RBI Governor
Kolkata: Reserve Bank of India governor Shaktikanta Das said the central bank cannot look the other way as India’s inflation has yet to moderate to…
Food Inflation: Retail inflation rises a tad to 3.65% in August; factory output increases
Retail inflation inched up marginally in August, fuelled by food and pricier vegetables, but remained below the Reserve Bank of India‘s target of 4%, while…
inflation: Retail inflation rates for farm, rural workers ease in July
Retail inflation rates for farm and rural workers eased to 6.17 per cent and 6.20 per cent, respectively, in July. The retail inflation rates for…
Outgoing RBI policymaker contradicts central bank on food risks
An outgoing member of the Reserve Bank of India’s interest-rate panel said there’s no evidence higher food costs are pushing up prices more broadly in…