Tag: Food Inflation
RBI unlikely to cut interest rate in 2024: SBI chief Setty
New Delhi, The Reserve Bank is unlikely to ease the benchmark policy rate during 2024 given the uncertainty over food inflation, State Bank of India…
Wholesale inflation cools to 4-mth low in Aug
India’s wholesale inflation in August fell to a four-month low of 1.31%, driven by lower inflation in manufactured products and food items. The Wholesale Price…
Rate cut to be based on long-term inflation trajectory: RBI Governor
New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das has said the decision on interest rate moderation will be based on long-term inflation trajectory…
Shaktikanta Das wants policymakers to not jump on inflation data
Policymakers should stay resolute despite a slight easing in inflation in the rapidly growing South Asian economy, Reserve Bank of India Governor Shaktikanta Das said,…
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…
retail inflation: India’s retail inflation at 3.65 per cent in August; stays below RBI’s 4 per cent target
India‘s retail inflation surged to 3.65 per cent on an annual basis in August as against a five-year low of 3.54 per cent, data released…
Food inflation to moderate, but any surprise in monsoon or floods may trigger it upwards: UBI report
Food inflation, which has moderated a bit lately is further expected to come down in the coming months, Union Bank of India noted in a…
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…
Finance Ministry’s monthly economic review sees food inflation falling in coming months on rain bounty
Food inflation in India is expected to fall in the coming months as plentiful monsoon rains have replenished water levels in reservoirs, FinMin’s Department of…
RBI Governor Shaktikanta Das: Inflation must slow to 4% for rate cut: RBI Governor Shaktikanta Das
India’s inflation must show signs of settling around the central bank’s target of 4% on a sustainable basis before a rate cut can be considered,…