But it did revise the CPI inflation for March to 5.84 per cent from 5.91 per cent
Prices are likely to rise again in April, according to analysts, with the actual impact of the Covid-19 and the resultant lockdown yet to be fully seen.
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The data released last week also showed that the consumer price index- (CPI-) based inflation rate declined to 6.58 per cent from 68-month high of 7.59 per cent over this period
The weight for food and beverages components will decline from 46% to 39% in the new series
The retail inflation that for several months remained in the comfort zone of the central bank has started inching up and crossed the 7 per cent mark during December 2019
However, your soft drinks and juices will remain immune to the hike, despite the recent surge in sugar prices. Thanks to Coca-Cola and PepsiCo.
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India Ratings and Research on Thursday said that the country will have to increase its labour productivity growth to 6.3 per cent to attain 8 per cent economic growth
The median forecast in the Jan. 3-8 Reuters poll of nearly 50 economists predicted India's annual consumer inflation rose to 6.20 per cent in December from November's 5.54 per cent
The states that witnessed high CPI-based inflation rates were Lakshadweep, Tripura, Odisha, Uttar Pradesh, Kerala, Madhya Pradesh, Puducherry, Tamil Nadu, Rajasthan, Manipur and Mizoram
Monetary policy today is on the right track, delivering 4% year-on-year CPI inflation, which is the most that it can do
The RBI is expected to reduce its policy rate to 4.5% in this rate cycle, economists say
The CPI food inflation rate rose to 5.11 per cent in September
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Among the food items, the sharpest YoY uptick was for vegetables at 6.9%, pulses and products at 6.94%, and meat and fish at 8.51%
Retail inflation inched up to 3.21% in August compared to 3.15% in July
Fuel and light saw deflation in July at 0.36 per cent against 2.32 per cent inflation in the previous month
Business building will be put on better foundations when we fully adapt the assumptions underlying financial analysis to the new low-inflation environment