Over financial years 2017-2026, the volatility of WPI, measured by standard deviation, was almost three times higher than that of CPI, according to the rating agency
India's wholesale inflation hit 8.3% in April, driven by fuel prices. While retail inflation remains lower at 3.48%, rising supply-chain costs may soon push consumer prices higher
If crude prices remain elevated for an extended period, trade and CAD will further widen, impacting the rupee more. The rupee might depreciate to 100, and trigger more FPI outflows.
Economy wrap April 13-19: Rising fuel-led inflation, job market stress and West Asia risks cloud near-term outlook even as government attempts to sustain growth momentum
India's retail inflation rose to 3.4% in March, driven by higher food and fuel prices, with economists warning of further upside risks amid global uncertainties
Economists support retaining the 4% inflation target, citing CPI alignment and the flexibility it offers RBI to manage supply shocks while sustaining growth
India's new CPI series modernises inflation measurement, reshapes RBI policy signals, and underscores the need for more market-friendly data release timings
India's new CPI series reflects changing consumption patterns, digital services and better data, marking a major step forward in measuring inflation accurately
January will be the first month of a new data series based on 2024 prices and will mark the first time since August that inflation returns to the Reserve Bank of India's (RBI) 2% - 6% target band
The RBI's MPC held rates steady, citing improved growth and benign inflation, while announcing regulatory steps to boost credit flow and strengthen digital payment safety
The RBI's MPC unanimously kept the repo rate unchanged at 5.25 per cent, retaining a neutral stance while signalling that future policy decisions will be guided by data from new GDP and CPI series