Food inflation rose to 4.78 per cent in May, pushing up overall price pressures; rural inflation accelerated to 4.25 per cent, remaining above urban inflation at 3.53 per cent
President Donald Trump on Wednesday showed how he had learned to stop worrying about inflation and simply, in his own words, "love" it. Asked about the new report that the consumer price index in May had jumped 4.2 per cent over the last year, the president took a surprisingly optimistic tack with the challenging news. Trump didn't dismiss the affordability issue as a "hoax" that was started by Democrats, as he has done previously. Nor did he claim that he was bringing down the cost of living. Instead, after the government said that inflation spiked to the highest level since April 2023, Trump praised the numbers. "You know what I really love?" Trump said. "I love the inflation." It was an unexpected take given that voters ahead of the November midterm elections have ranked the economy as a top concern -- and have given Trump low marks on that issue. Within minutes of his on-camera comment, Democrats quickly rushed to promote it on social media. Trump had pledged in his 2024 campa
Beyond the initial energy shock, disruptions to fertilizer markets may eventually lead to higher grocery bills, while rising transportation costs could boost prices for all kinds of consumer goods
The domestic rate-setting panel cut the policy repo rate by a cumulative 125 basis points in 2025 and it was on hold in the February and April policies
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
Retail inflation inched up to 3.48% in April as food prices rose further, while experts warned of indirect pressure from higher global energy costs and a potentially weak monsoon
Food inflation, measured by the All India Consumer Food Price Index (CFPI), rose to 4.20 per cent in April from 3.87 per cent in March.
Data showed rural inflation at 3.63 per cent, while urban inflation remained lower at 3.11 per cent
Food deflation and bullion-led inflation offset each other in January, but net impact of top items lifted retail inflation to 2.75% from 1.33% in December
Revised 2024 base year, fresh consumption weights and expanded market basket recast state inflation rankings; Telangana tops January list under new series
Next step may be a rate increase as and when the inflation rate grows
At 2.75%, January price rise well below RBI's target of 4%
Food's share in CPI falls sharply in 2024 series, boosting core inflation's role; rural weight declines but remains higher than urban consumption
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
Although inflation remains well below the Reserve Bank of India's 4 per cent target, the new figures could prompt the central bank to hold off on any further rate cuts and push up bond yields further
CPI tracks retail price changes across India; January 2026 inflation data shifts to a new 2024 base year reflecting updated spending patterns
India's retail inflation gauge has evolved from fragmented worker-specific indices to a unified CPI framework that now anchors monetary policy and welfare decisions
The old-weight estimates place January CPI inflation at 2.5 per cent- 2.6 per cent, while the new-weight estimates span 2.45 per cent to 3.2 per cent
MoSPI's revised CPI modernises price collection, updates weights and aligns with global standards, reshaping how inflation trends are measured and interpreted