Page 2 - Consumer Price Index

India's retail inflation slips to 99-month low of 1.54% in September

Inflation stood at 5.5 per cent in September 2024, with food prices rising over 9.2 per cent

Edible oil prices continue to pinch pockets as food inflation rises

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

Retail inflation rises to 2.07% in Aug as decline in food prices slows

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

BS poll: Food price rise may bump up August retail inflation rate

In August last year, the retail inflation rate stood at 3.65 per cent

China's consumer prices drop fastest in 6 months as factory deflation eases

Weak consumer demand has weighed on China's economic growth as the property market downturn persists and US tariffs squeeze exports

GST cut a partial cushion against trade headwinds, says Mahesh Nandurkar

GST rate cuts are definitely positive for consumption, especially with the festival season approaching, says Nandurkar

Govt proposes 2022-23 as new base year for GDP and IIP: Minister

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 ...

Rate cut? Status quo likely in Aug monetary policy despite inflation dip

RBI set to lower inflation projection, but GDP growth estimate and policy stance may remain unchanged

For the RBI, managing households' inflation expectations is critical, too

It is now well known that expectations significantly affect economic outcomes. Therefore, central banks focus a great deal on managing inflation expectations

Inflation likely to be below RBI's target in FY26: FinMin review

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

Datanomics: Telangana slips into deflation, Andhra sees flat prices

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

Inflation undershoots, yet risks remain: Rate cuts may spark volatility

The MPC's June 2025 decision to cut the repo rate by 50 basis points - more than expected - surprised markets

CPI inflation to average 4% in FY26, down from 4.6% in FY25: Crisil

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

Comfortable position: Low inflation may not lead to another rate cut

Prices of oils and fats, for example, increased by over 17 per cent and may require policy attention

Retail inflation drops to 2.1% in June; WPI slips into deflation at -0.13%

Vegetable and pulses prices see steepest fall in years; WPI turns negative too

India's retail inflation eases to 2.1% in June, lowest since Jan 2019

June 2025 CPI: Inflation for the month remained below the RBI's medium-term target of 4%, continuing a downward trend driven by base effects and softening food and fuel prices

Watershed moments: Introduction of RBI's flexible inflation targeting model

FIT model set to be reviewed amid call for excluding food inflation

Icra pegs India's GDP growth at 6.2% for FY26, down from 6.5% in FY25

Leading rating agency ICRA, in its latest outlook, said India's real GDP growth for 2025-26 will be 6.2 per cent, down from 6.5 per cent in the preceding financial year. Real Gross Value Added (GVA) growth is also expected to ease to 6 per cent from 6.4 per cent. Regarding inflation, the Consumer Price Index (CPI) is expected to be above 3.5 per cent, while the Wholesale Price Index (WPI) will be over 1.8 per cent for the current fiscal, the report added. ICRA has forecast the fiscal deficit to be 4.4 per cent of GDP for 2025-26, with the current account deficit projected at 1.2 per cent to 1.3 per cent during the same period. According to ICRA, rural demand is likely to remain upbeat, aided by Rabi cash flows and above-normal reservoir levels. It also said that the combination of the sizeable income tax relief in the Union budget for 2025-26, rate cuts leading to lower EMIs and moderation in food inflation is expected to boost household disposable incomes. The report added that

Trump urges Fed to cut rates by 1% after May inflation data release

Donald Trump called the May Consumer Price Index a 'great' number and wrote on Truth Social that the "Fed should lower one full point

Revised CPI series may track more markets, ecom data in major cities

Currently, monthly price data is collected from 1181 villages and 1114 markets in 310 selected towns by the field operations division of the NSO