Page 24 - India Inflation

Eco survey suggests change in weighting of food items to gauge inflation

The survey said new sources of price data also need to be incorporated in the wake of increasing retail e-commerce transactions

Retail inflation for industrial workers eases to 3.67% in December

Retail inflation for industrial workers eased to 3.67 per cent in December 2020 against 9.63 per cent in the same month of last year due to lower prices of certain food items. Retail inflation measured in terms of all-India Consumer Price Index for Industrial Workers (CPI-IW) was 5.27 per cent in November 2020, a labour ministry statement said. Food inflation for industrial workers stood at 2.89 per cent against 7.48 per cent in the previous month and 12.22 per cent during the corresponding month a year ago. All-India CPI-IW for December decreased by 1.1 points and stood at 118.8. On one-month percentage change, it decreased by (-) 0.92 per cent between November and December, 2020 compared to (+) 0.61 per cent increase between corresponding months of the previous year. The maximum downward pressure in current index came from Food & Beverages group contributing (-) 1.53 percentage points to the total change. At centre level, Ramgarh recorded the maximum decrease of 6 points. Among

Budget 2021: Consumer durables makers seek respite from inflation, taxes

Retailers Association of India (RAI) has demanded certain measures that it believes will help improve the overall consumer goods industry.

Inflation finally in target range, but RBI may still not cut rates: Experts

Bond market is not factoring in a rate cut in February policy either

FMCG firms may hike prices to offset inflationary pressure on raw material

FMCG firms, which are facing inflationary pressure on their key raw material inputs, are considering marginal hike on their products price to offset it

India's retail inflation in Dec likely fell to within RBI target: Report

India's retail inflation likely fell sharply in December, landing within the Reserve Bank of India's target range, due to a significant drop in vegetable and food prices, a report said

Economy to recover in 2021, but output may take another year to regain loss

While inflation is likely to moderate, fiscal deficit is clearly the pain point

Rahul Gandhi slams Modi govt for rising unemployment, inflation in India

Congress leader Rahul Gandhi on Monday slammed Prime Minister Narendra Modi-led Central government for rising unemployment in the country, inflation, and attack on farmers

MPC should have said little sustained inflation will be good for economy

Keynesian expansionism of central bank balance sheets has run its course; the marginal benefits from it will be negligible.

Under the shadow of Covid-19 pandemic, inflation bites India the hardest

Though inflation levels in India are incomparable with developed countries and emerging peers, the noticeable dip during lockdown that happened in most countries eluded India

India retail inflation to stay above 7% in Nov, economists say: Report

India's retail inflation probably fell in November from October but remained above the Reserve Bank of India's target, amid high food and petrol prices, a poll of economists showed

Bengal, Telangana, Odisha and Andhra worst affected by rising inflation

Price rise in rural areas leads to four states recording inflation in double digits

India among a few major EMs with rising inflation in October, shows data

Among these nations, the rise in core inflation is the highest in India

Inflation is a key risk to India's V-shaped economic recovery

As we parse through the data, we think that the underlying growth momentum suggests a broadening of the recovery, with domestic demand indicators improving

Why the temporal distribution of 2020 monsoon season is highly skewed

The phenomenon has caused a lot of problems, such as the spurt in food prices and disruption in supplies due to breakdown in the already Covid-19-battered transport in the hinterland

RBI MPC starts meeting to decide new rates amid slowdown, rising inflation

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

Odisha, Telangana record steepest inflation rate in December 2019

In Odisha, the inflation rate was unusually high in December 2019 largely on account of steep food prices

Top events today: Chanda Kocchar's termination, CPI inflation, and more

From arrival of foreign ministers for Raisina Dialogue 2020 to Queen Elizabeth's emergency meeting over royal couple's future roles, Business Standard brings you the top events of the day

Not turning lower inflation into low interest rates hurting growth: EAC-PM

Efforts should be mounted to lower the interest rate burdens for borrowers, and RBI's pause had a "terrible" effect of costs for a third of borrowers going up by 0.25 per cent

Don't get spooked by the inflation

Monetary policy today is on the right track, delivering 4% year-on-year CPI inflation, which is the most that it can do