Tag: Consumer Price Index
Posted in Economy
Mechanism set up for sharing sectoral growth trends with ministries
New Delhi: The statistics ministry has set up a mechanism to share sectoral growth trends with relevant ministries following the release of gross domestic product…
Posted in Economy
Inflation’s ways give room for a rate cut, but RBI may not do it
India’s inflation environment remains benign as reinforced by the latest Consumer Price Index (CPI) print, providing space for potential monetary easing. However, most economists, including…
Posted in Economy
Economists lower India inflation forecasts despite August uptick; GST reforms supportive
India’s retail inflation edged up modestly in August, but economists and industry leaders believe the rise is temporary and unlikely to upset the country’s broader…
Posted in Economy
Tax tweak to tame CPI by 50-90 bps
Around one-fourth of items, mostly essential and household goods, in India’s inflation basket will be taxed at 5% following the goods and service tax cuts…