Tag: retail inflation

rbi mpc: India might need more cautious monetary policy to stem food price rise spillover, RBI says
Posted in Economy

rbi mpc: India might need more cautious monetary policy to stem food price rise spillover, RBI says

India will have to adopt a more cautious approach to monetary policy if high food prices persist and threaten to spill over into more generalised…

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Fruits being sold at a wholesale market in Guwahati.
Posted in Business

India’s July wholesale prices rise 2.04% on year

Aug 14, 2024 11:38 AM IST The wholesale price index rose 2.04% in July from a year earlier, compared with a 3.36% rise in June….

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India's July retail inflation eases to 5-year low
Posted in Economy

India’s July retail inflation eases to 5-year low

New Delhi: India‘s July retail inflation slowed to 3.54%, its lowest in nearly five years, on the back of a sharp decline in food inflation,…

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Vegetable prices were still elevated at 6.83%, compared to 29.32% a year ago. (PTI Photo)
Posted in Business

Retail inflation in July at five-year low of 3.54%

Retail inflation in the country fell sharply to a five-year low of 3.54% in July from a year ago, largely aided by a favourable base…

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India inflation news: India's retail inflation slows to 3.5% in July, falls below RBI's target for the first time in 5 years
Posted in Economy

India inflation news: India’s retail inflation slows to 3.5% in July, falls below RBI’s target for the first time in 5 years

India’s retail inflation eased to 3.54 per cent on an annual basis in July, data released by the government showed on Monday, gaining comfort off…

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Retail inflation for industrial workers eases to 3.67pc in June
Posted in Economy

Retail inflation for industrial workers eases to 3.67pc in June

Retail inflation for industrial workers slipped to 3.67 per cent in June from 3.86 per cent in the previous month this year mainly due to…

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Union finance minister Nirmala Sitharaman tabled the Economic Survey in Parliament on Monday. (PTI)
Posted in Business

‘Service’ and ‘growth’ are the most used words in FM Nirmala Sitharaman’s Economic Survey speech

Jul 23, 2024 07:57 AM IST The Economic Survey 2024 showed India’s GDP may grow between 6.5-7% this year and retail inflation declined to 5.4%…

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retail inflation: Economic Survey's pitch for excluding food from inflation target
Posted in Economy

retail inflation: Economic Survey’s pitch for excluding food from inflation target

The survey has called for “re-examining” of the existing inflation-targeting framework adopted by the central bank, pitching for the exclusion of food items, prices of…

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A police officer walks past the Reserve Bank of India (RBI) logo inside its headquarters in Mumbai, India.(Reuters)
Posted in Business

Economic Survey on retail inflation: ‘Government and RBI’s intervention helped’

The Economic Survey 2024, tabled by Union Finance Minister Nirmala Sitharaman in the Parliament on Monday stated that despite the pandemic and geopolitical tensions, the…

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RBI MPC member Ashima Goyal
Posted in Business

Retail inflation to ease as vegetable prices soften: RBI’s MPC member

Retail inflation will return to the central bank’s comfort band of 2%-6% as vegetable prices soften, according to a member of India’s Monetary Policy Committee…

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