Page 10 - India Inflation

Indian will maintain its growth momentum despite inflationary pressures: FM

The FM asked CBIC officials to ensure that they focus on stopping smuggling

As tomato prices hurt, Uttarakhand residents cross into Nepal for shopping

Tomatoes are selling for upwards of Rs 120 per kg in India, whereas in Nepal, they cost Rs 100 to Rs 110 Nepali rupees which come at around Rs 70-75 per kg in Indian rupees

Higher inflation, oil price to keep RBI on hold; cap market gains: Analysts

Another worry for the RBI and the markets are the monsoons back home (intensity and spatial distribution)

India's inflation higher than Russia and China, projected to ease

Inflation in advanced economies is expected to remain above target levels, according to IMF

India lags regional peers on fiscal consolidation: S&P Global's Louis Kuijs

In a Q&A, the Asia Pacific Chief Economist of S&P Global Ratings charts the key reforms India needs ahead of the general elections next year

6.5% is below our potential or desirable rate of growth: Ashima Goyal

'The real repo rate is still in an acceptable band around one'

Easing inflation helps FMCG, retail register healthy sales growth in June

The footwear category grew as well but was not among the better-performing verticals with a year-on-year sales growth of 2-3% in May

Intense El Nino may push inflation up by 15-20 basic points, say experts

A deficient monsoon could push food inflation by 50-60 basis points; it is likely to have lower than 50 bps impact on headline inflation that the RBI talks about as potential negative impact

Retail inflation cools to over two-year low in May; IIP growth recovers

Food inflation fell to an 18-month low of 2.91 per cent in May from 3.84 per cent in April

India's inflation is higher than other key developing economies, shows data

In its outlook on inflation last week, the RBI maintained that the headline inflation is to be shaped by food price dynamics

RBI needs monsoon to deliver before weighing rate cuts in next MPC meet

The weather announcement on Thursday provided some relief to the rate-setters and millions of farmers across India, but the concerns are not quite over

Monetary policy: RBI maintains status quo, turns hawkish on inflation

The central bank retained the growth projection for FY24 at 6.5 per cent

India's inflation has likely cooled to a 20-month low in May: Poll

The poll of 45 economists predicted inflation measured by the CPI rose at an annual rate of 4.42% in May, down from 4.70% in April and set to be the lowest since October 2021

India's growth momentum likely to be sustained in 2023-24: RBI report

On the back of sound macroeconomic policies and softer commodity prices, India's growth momentum is likely to be sustained in 2023-24 in an atmosphere of easing inflationary pressures, said the Reserve Bank's annual report released on Tuesday. It, however, added that slowing global growth, protracted geopolitical tensions and a possible upsurge in financial market volatility following new stress events in the global financial system could pose downside risks to growth. "On the back of sound macroeconomic policies, softer commodity prices, a robust financial sector, a healthy corporate sector, continued fiscal policy thrust on quality of government expenditure, and new growth opportunities stemming from global realignment of supply chains, India's growth momentum is likely to be sustained in 2023-24 in an atmosphere of easing inflationary pressures," it said. The RBI's Annual Report for 2022-23, a statutory report of its Central Board of Directors, further said its monetary policy ..

Core inflation still remains elevated, may not fall below 5% in FY24

The core inflation has remained stuck in the range of 5-6.6 per cent for over two years

Retail inflation affected bottom 20% of rural India more, shows CRISIL data

The impact of inflation on different income classes depends on their consumption pattern and the weight of those items in the consumer price index

Inflation may ease in March on softening food prices, says poll

Food inflation, which accounts for nearly half of the overall consumer price basket, is expected to have moderated due to falling vegetable prices, offset in part by surging cereal prices

Households in India expect inflation to moderate, find RBI surveys

Inflation expectations over the next three and 12 months declined by 30 basis points each in its March round of surveys, from the January round, the Reserve Bank of India said

Retail inflation for industrial workers remains flat at 6.16% in February

Retail inflation for industrial workers remained flat at 6.16 per cent in February compared to that of January this year. "Year-on-year inflation for the month stood at 6.16 per cent compared to 6.16 per cent for the previous month (January, 2023) also and 5.04 per cent during the corresponding month (February 2022) a year before," a labour bureau statement said. It stated that food inflation stood at 6.13 per cent against 5.69 per cent of the previous month and 5.09 per cent during the corresponding month a year ago. The Labour Bureau, an attached office of the Ministry of Labour & Employment, has been compiling Consumer Price Index for Industrial Workers (CPI-IW) every month on the basis of retail prices collected from 317 markets spread over 88 industrially important centres in the country. The index is compiled for 88 centres and all-India and is released on the last working day of succeeding month. The all-India CPI-IW for February 2023 decreased by 0.1 point and stood at ...

India's inflation seen easing slightly in Feb, still above RBI target: Poll

Rises in food prices, which account for nearly half of the Consumer Price Index (CPI) basket, likely moderated last month