Tag: food prices
Indian economy’s road to recovery? Private consumption driving domestic demand again, says RBI
In India, the “slack in speed” observed in the second quarter of 2024-25 is behind us as private consumption is back to being the driver…
india inflation news: Why inflation rate may not be the most ‘accurate gauge’ of the economy?
The Finance Ministry on Monday released its Economic Survey for September and said that inflation expectations in India are softening, indicating reduced inflationary concerns. The…
RBI’s Michael Patra says climate, tech risks a threat to inflation targetting
Risks posed by climate change and digitalisation are likely to make it tougher for central banks to implement inflation-targetting monetary policy in the coming years,…
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…
India’s rate-cut calls at risk after inflation picks up sharply
Economists are reviewing their forecasts for interest rate cuts in India after inflation accelerated faster than expected last month, fueled by surging food prices. Several…
inflation: India’s retail inflation accelerates to 5.49%, exceeds RBI’s 4% target
India’s retail inflation accelerated to 5.49 per cent on an annual basis in September driven by a persistent rise in vegetable prices and a lower…
India’s August wholesale inflation eases to 1.31% as fuel prices turn negative
Sep 17, 2024 12:35 PM IST India’s wholesale price index rose 1.31% in August, below the 1.85% forecast. Food prices increased 3.26%, while vegetable prices…
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…
India’s heat is now a better predictor of food prices than rain
Tracking rising temperatures is becoming a better way of forecasting food inflation in India than the rain patterns economists have typically relied on, according to…
India should retain headline inflation as target, external rate panel members say
Headline inflation impacts Indians directly and should be retained as the target for monetary policy rather than switching to core inflation, external members of the…