Page 10 - Retail Inflation

Retail inflation for rural workers eases to 6.6% in Dec on low food prices

Retail inflation for farm and rural workers sequentially eased to 6.38 per cent and 6.6 per cent, respectively, in December 2022, mainly due to lower prices of certain food items. "Point-to-point rate of inflation based on the CPI-AL (consumer price index for agricultural workers) and CPI-RL (rural workers) stood at 6.38 per cent & 6.60 per cent in December 2022 compared to 6.87 per cent & 6.99 per cent, respectively, in November 2022, and 4.78 per cent and 5.03 per cent, respectively, during the corresponding month (December 2021) of the previous year," a labour ministry statement said. Similarly, it stated that food inflation stood at 5.89 per cent and 5.76 per cent in December 2022 compared to 6.19 per cent and 6.05 per cent, respectively, in November 2022. It was 2.99 per cent and 3.17 per cent, respectively, during the corresponding month of the previous year. The all-India Consumer Price Index Number for Agricultural Labourers for December 2022 remained stationary at ...

CPI eases marginally to 5.72% in Dec 2022, within RBI's comfort zone

In November, CPI, also called retail inflation, was at eleven-month low of 5.88 per cent

Retail inflation likely remained steady at 5.9% in December, finds poll

The Jan. 4-9 poll of 45 economists put consumer price inflation at 5.90% in December from a year earlier, little changed from an eleven-month low of 5.88% in November

Reducing core inflation key to easing prices: MPC member Shashanka Bhide

Core inflation, calculated after stripping out volatile food and energy prices, has stayed above 6% for 14 months in a row, while retail inflation cooled to 5.88% in November

Sebi suspends trading of agri commodity derivatives for 1 more year

Data showed that before the ban last year, the aforementioned commodities contributed nearly 54 per cent of the total deposits in NCDEX between April 2021 and July 2021

Retail inflation for rural workers rises to 6.99%, in Nov on annual basis

Retail inflation for farm and rural workers rose to 6.87 per cent and 6.99 per cent, respectively, in November on annual basis mainly due to lower prices of certain food items. Point to point rate of inflation based on the CPI-AL (consumer price index-agricultural labours) and CPI-RL (rural labourers) stood at 7.22 per cent & 7.34 per cent respectively in October, 2022 and 3.02 per cent and 3.38 per cent, respectively, during the corresponding month (November 2021) of the previous year, a labour bureau statement said. Food inflation stood at 6.19 per cent and 6.05 per cent in November, 2022 compared to 7.05 per cent and 7 per cent respectively in October 2022 and 0.88 per cent and 1.07 per cent respectively during the corresponding month (November 2021) of the previous year, it stated. The All-India Consumer Price Index Number for Agricultural Labourers and Rural Labourers for the month of November 2022 increased by 8 points each to stand at 1167 and 1178 points ...

Rice, wheat inflation continue to rise contrary to overall inflation

The retail inflation rate in wheat rose to 19.67 per cent in November from 17.64 per cent in October

Will rising fertiliser prices hamper India's inflation battle?

Retail inflation in India has finally come under the comfort zone of the RBI. But the relief may be short-lived, as high global fertilizer prices can affect India's food inflation in the long run

CPI inflation eases to 11-month low of 5.9% in November; IIP contracts

Core inflation inches up; manufacturing activity declines

India's Nov retail inflation eases below 6% for the first time this year

India's annual retail inflation eased below its central bank's upper tolerance level for first time this year in November, on the back of softer rise in food prices, easing pressure on policymakers

Does sticky core inflation mean more rate hikes by RBI?

According to the RBI governor, persistent and sticky core inflation remains a cause for concern

Retail inflation for industrial workers eases to 6.08 pc in Oct, shows data

Retail inflation for industrial workers rose to 6.08 per cent in October from 6.49 per cent in September 2022 mainly due to lower prices of certain food items, according to the government data released on Wednesday. "Year-on-year inflation for the month stood at 6.08 per cent compared to 6.49 per cent for the previous month (September) and 4.52 per cent during the corresponding month (October 2021) a year before," a labour ministry statement said. Similarly, it stated that food inflation stood at 6.52 per cent against 7.76 per cent of the previous month (September, 2022) and 2.20 per cent during the corresponding month (October 2021) a year ago. The All-India CPI-IW (consumer price index for industrial workers) for October, 2022 increased by 1.2 points and stood at 132.5 points. It was 131.3 points in September 2022. In terms of one-month percentage change, it increased by 0.91 per cent with respect to previous month compared to an increase of 1.30 per cent recorded between ...

Retail inflation likely to ease in coming months: Finance ministry

The MER, however, warned that the global macroeconomic situation remained precarious and a recession in many advanced economies would impact India's exports

Retail inflation for farm and rural workers eases slightly to 7.22% in Oct

Retail inflation for farm and rural workers eased marginally to 7.22 per cent and 7.34 per cent, respectively, in October compared to September 2022, mainly due to lower prices of certain food items. "Point to point rate of inflation based on the CPI-AL (consumer price index-agricultural labour) and CPI-RL (rural labour) stood at 7.22 per cent & 7.34 per cent in October 2022 compared to 7.69 per cent & 7.90 per cent respectively in September 2022 and 2.76 per cent and 3.12 per cent respectively during the corresponding month of the previous year," a labour ministry statement said. Food inflation stood at 7.05 per cent and 7 per cent in October 2022 compared to 7.47 per cent & 7.52 per cent respectively in September 2022 and 0.39 per cent & 0.59 per cent respectively during the corresponding month of the previous year. The All-India Consumer Price Index Number for Agricultural Labourers and Rural Labourers for the month of October 2022 increased by 10 points and 9 ...

Warning signal for economy as headline inflation heads to high core

Rate of core price rise has been over 5% for over two years and remained over 6% for five months till Oct

Multiple factors doubled retail inflation rate in wheat, rice since April

The spike in the prices of these two cereals was diametrically opposite to the cooling of the overall inflation rate and of food inflation, both of which hit a three-month low

Sensex falls 171 pts, Nifty holds 18,300; Dr.Reddy's down 4%, LIC jumps 6%

CLOSING BELL: The key benchmark indices gyrated in a narrow trading band on Monday, before settling with losses as FMCG stocks slipped.

Inflation targeting in letter and spirit

There have not been good enough reasons outside of the RBI for inflation to have stayed above 6 percent

India's inflation numbers may be lower than official data suggests: Report

India's inflation numbers might be better than official data suggests once the massive impact of a government food program is factored in, according to a report released Monday

Retail inflation for industrial workers rises to 6.49% in Sept: Govt data

Retail inflation for industrial workers rose to 6.49 per cent in September from 5.85 per cent in August 2022 mainly due to higher prices of certain food items, according to the government data released on Monday. "Year-on-year inflation for the month (of September 2022) stood at 6.49 per cent compared to 5.85 per cent for the previous month (August, 2022) and 4.40 per cent during the corresponding month (September 2021) a year before," a labour ministry statement said. Similarly, it stated that the food inflation stood at 7.76 per cent against 6.46 per cent of the previous month and 2.26 per cent during the corresponding month a year ago. The All-India CPI-IW (Consumer Price Index-Industrial Workers) for September, 2022 increased by 1.1 points and stood at 131.3 points. It was 130.2 points in August 2022. On one-month percentage change, it increased by 0.84 per cent with respect to previous month compared to an increase of 0.24 per cent recorded between corresponding months a year