Tag: retail inflation
Economy on firm footing, rupee doing fine compared to Asian peers: FM Nirmala Sitharaman
New Delhi: Finance minister Nirmala Sitharaman on Monday said the rupee is “doing fine” when compared with the relative performance of other emerging market currencies…
Rupee slide may fuel imported inflation risks, say experts
New Delhi: A slide in the rupee could stoke fresh concerns around imported inflation, economists warn, as elevated oil and commodity prices and increased logistics…
India retains inflation target at 4% for next five years
New Delhi: India has kept its retail inflation target for the central bank unchanged at 4% ( plus or minus 2 percentage points), opting for…
India retains headline inflation target at 4% following review
NEW DELHI, – India’s federal government on Wednesday retained the target for retail inflation at 4%, within a comfort band of 2%-6%, according to an…
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…
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…
How to read the new retail inflation series| Business News
Calculating inflation involves four key processes: identifying the items for which price data is collected; classifying and weighing them, identifying the markets from which to…
CPI Revamp: Inflation at 2.75% in January
New Delhi: India reported January retail inflation at 2.75%, the first reading under the revised Consumer Price Index (CPI) series with 2024 as the base…
Food weight to decline to 36.75% in new CPI series
New Delhi: Food and beverages will account for 36.75% weight in the new Consumer Price Index (CPI) series, down from the current 45.86%, reflecting changing…