A forward looking approach would prompt rate cut as H2 GDP growth likely to be softer
In rural India, retail prices slipped into deflationary zone with the NSO reporting a 0.25 per cent drop in the CPI (Rural), compared to a 1.07 per cent increase in September
Inflation could stay low for some time, but should be viewed with caution amid global risks and climate change
Pricing decisions rely on mathematical calculations. Over time, the practice has transitioned from a unitary method to probability
Housing is an important component of the CPI series as it has a weightage of 21.67 per cent in urban areas and 10.07 per cent at the all-India level in the current series
What India should aspire to be, a developed nation, an emerged nation, or an emerged market, is an important one, says Gupta
Inflation stood at 5.5 per cent in September 2024, with food prices rising over 9.2 per cent
Retail inflation inches up to 2.07% in August; edible oils, tomatoes, and precious metals see record price rise, with Kerala topping state-wise inflation charts
India's CPI rose slightly in August on a low base, with rural and urban prices diverging. Economists flag benefits for consumers but risks for government finances
In August last year, the retail inflation rate stood at 3.65 per cent
Weak consumer demand has weighed on China's economic growth as the property market downturn persists and US tariffs squeeze exports
GST rate cuts are definitely positive for consumption, especially with the festival season approaching, says Nandurkar
The government has proposed 2022-23 as new base year for the Gross Domestic Product (GDP) and Index of Industrial Production (IIP), and 2024 for Consumer Price Index (CPI), Parliament was informed on Wednesday. "The Ministry is underway to revise the base year of GDP, IIP and CPI. The base year is revised periodically to better capture the structural changes happening in the economy by updating the methodology of compilation and incorporation of new data sources," Minister of State for Statistics & Programme Implementation said in a written reply to Lok Sabha. For the CPI, list of items and their respective weights derived from the Household Consumption Expenditure Survey of 2023-24 is used in the revised index. The Ministry has conducted its first Forward-Looking Survey on Private Corporate Sector CAPEX Investment Intentions from November 2024 to January 2025 and the findings of the survey have been published. The Ministry has also conducted a Pilot Study on Annual Survey of ...
RBI set to lower inflation projection, but GDP growth estimate and policy stance may remain unchanged
It is now well known that expectations significantly affect economic outcomes. Therefore, central banks focus a great deal on managing inflation expectations
The finance ministry's June 2025 review says inflation could fall below the RBI's 3.7% target, providing scope for further easing, though credit growth remains weak
Though Telangana saw deflation in June, this was not the first time. Around six and a half year ago, it witnessed deflation for two consecutive months of December and January
The MPC's June 2025 decision to cut the repo rate by 50 basis points - more than expected - surprised markets
Rating agency Crisil, in its latest research report, said that the consumer price index (CPI)-based inflation is expected to average four per cent this financial year, as compared to 4.6 per cent last fiscal. The agency said that food inflation is expected to be softer given the forecasts of above-normal monsoon by the Indian Meteorological Department (IMD). Non-food inflation is expected to be subdued on the back of lower commodity prices, the report said. CPI is the key measure used by the Monetary Policy Committee (MPC) of the RBI for targeting inflation. According to Crisil, GDP growth is seen at 6.5 per cent with downside risks. The tariff moves by the US are seen as a risk for exports, while domestic factors like an adequate monsoon and repo rate cuts will be supportive of growth, the agency said. There is supportive liquidity in the system, which should aid the financial conditions of the economy, but capital flows are expected to be volatile along with the rupee, the repo
Prices of oils and fats, for example, increased by over 17 per cent and may require policy attention